Women also held 31.three p.c of unbiased board seats on public hotel firm boards, a rise from 22.5 p.c the year earlier than. In 2022, 12.6 % of hotel public firm board members have been Black, which is double that of the 12 months Hotels News earlier than. To improve hotel occupancy, he suggests that the government should speed up tourism recovery in Bali by way of visa facilitations for worldwide vacationers.

  • You are cautioned not to place undue reliance on these forward-looking statements, which converse solely as of the date of this press release.
  • Motilal Oswal is bullish on Indian Hotels beneficial buy ranking on the inventory with a goal price of Rs 480 in its research report dated October 28, 2…
  • The report stated the increase was “largely pushed” by its work finding hotel accommodation for asylum seekers.
  • Though as operational costs proceed to rise and shopper spend is tightening, hoteliers will want to maximise cashflows as properly a their tax and rate reliefs to assist funds throughout 2024.
  • The managing director of the corporate which owns Fern Hotels and Resorts is bullish about the future, even in phrases of the future of expertise.