 "hospitality sector, hotels")
A 15-20 per cent rise in average room rents and higher than average daily occupancy rates in hotels situated in office clusters are nudging hotel asset management companies (AMCs) like Ventive Hospitality, Brigade Hotel Ventures, Samhi Hotels and Chalet Hotels to redraw their growth roadmaps.
The companies that make hotel assets for major global and Indian hospitality brands to run them, are planning to bring majority of their upcoming supply to these office clusters, in Mumbai, Bengaluru, Gurugram, New Delhi and Hyderabad, which account for 28 per cent of the nationwide room supply.
These cities together saw average daily
