Hospitality sector rings in FY23 on positive note amid broad-based recovery

Against the backdrop of a strong, broad-based revival seen in the hospitality sector after three waves of the pandemic, over 400 delegates from India and abroad are expected to congregate for a two-day Hospitality industry’s annual conference starting from Wednesday.  

Business hotels, which saw a delayed recovery, are back stronger and sooner as big ticket conferences and meetings have resumed in a big way, said hotel industry executives. Five-star business hotels in metros across the country have seen occupancy reach 75-80 per cent in the last one month, said K B Kachru, vice president, Hotel Association of India (HAI)

Meanwhile,