ICRA estimates pan-India premium hotel occupancy at ~70-72% in FY2024, after recovering to 68-70% in FY2023. Pan-India premium hotel average room rates (ARRs) are expected to be at ~Rs. 6,000-6,200 in FY2024. While the occupancy is expected to be at decadal highs, the RevPAR is expected to remain at a 20-25% discount to the FY2008…
These Are The Top 6 Places To Witness The Total Solar Eclipse Next Year
The year 2024 promises to be an exciting one for star-gazing Americans (and neighbors) as a total solar eclipse will sweep across parts of North America. Although eclipses do happen once or twice a year, they are often partial and only visible from a select few places across the globe. Next year’s eclipse will be…
Emirates’ Dubai-India flights witness 95% load factor
Emirates CCO has said that Dubai-India flights are operating at about 95% capacity, while the airline is operating at about 70% pre-pandemic capacity. CCO Adnan Kazim said the Emirates will be targeting to operate 100% of pre-pandemic capacity next year. Emirates will operate to 100% of pre-pandemic network next year, while it will reach about…
