Domestic demand, capacity and utilisation are rebounding for aviation, and this has had a positive impact on the hospitality sector. With the Budget allocation increased from ₹1,692 crore for FY24 to around ₹2,480 crore for FY25, the outlook for the travel and hospitality industry is encouraging. The number of rooms available has also increased along with high average daily rate (ADR), revenue per available room rate (RevPAR) and occupancy.
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