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Marriott’s Moxy brand debuts in India at Bengaluru
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₹6,000 a night, said ratings agency Icra. Hotel revenues saw a robust 20% increase over 2022 while operating margins surpassed the 30% mark.
As per data from consultancy JLL India, between January and November 2023, about 12,400 rooms across the country had been added, demonstrating a 25% growth compared to calendar year 2022. Of this, 60% of the total openings are from tier-III destinations, and 34% from tier-II cities.Milestone Alert!
Livemint tops charts as the fastest growing news website in the world
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YouTube's most subscribed: Three Indian channels among top 10, Mr Beast isn't No. 1 economictimes.indiatimes.com /9 months ago
Best of the Week | Debuts, wedding toasts and pakoras in Odisha livemint.com /9 months ago
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