Empty rooms in a key hotel threatened to bring down the Oberoi Group in its pre-independence years, before the Second World War triggered a boom. The cash that flowed in after (stuffed in mattress covers) helped build the formidable hospitality empire.
Hotel occupancy across India is rising after years of lacklustre growth. The group of 20 (G20) meeting in Delhi saw hotels fully booked early September. Something similar also played out in Ahmedabad, after the 2023 Cricket World Cup schedule was announced. The hotel business has turned around after occupancy dropped to 35 per cent in