FCM Meetings & Events survey reports more than 25% of businesses spend on MICE
FCM Meetings & Events survey reports more than 25% of businesses spend on MICE
FCM Meetings & Events survey reports more than 25% of businesses spend on MICE
Collinson International has released its latest global research report, the value of sports and music tourism,Know More
According to HVS Anarock report, Oct’23 was a stellar month for the hotel industry; we note industry RevPAR of INR 4,852was 27% aboveOct’22 levels with ARRs being 15-17% higher YoY while occupancies were also up by 600bps YoY at 62-64%.
Q3-2023 continued the trend from H1-2023, signalling a levelling of the rapid travel growth that started late 2021, and whilst travel demand was growing and positive, the increases have moderated for a third quarter, according to FCM Consulting’s latest Global Quarterly Trend Report.