Vineet Mishra, complex general manager for the chain’s Pullman and Novotel hotels in Aero City, said the area has around 4,000 rooms and is a fair indicator of how the hospitality sector will start reacting in other markets.
“The business is closely tied to air traffic. Earlier, occupancies were going up from Friday for staycations but now we are seeing fairly consistent occupancy levels from Monday to Thursday as well. The average rates are starting to move up too,” said Mishra.
Delhi hotels aren’t alone. Big-ticket business bookings, conferences and seminars are back at city hotels in India, pushing room rates higher. ITC Windsor in Bengaluru saw a surge in occupancy owing to the India International Jewellery Show organised by The Gem & Jewellery Export Promotion Council in the city last week, while the ITC Royal Bengal in Kolkata recently received delegations from pharmaceutical companies.
ITC Rajputana in Jaipur has hosted professionals from banking and finance, according to people aware of the matter. Anil Chadha, COO at ITC Hotels, said the good news is that corporate travel has made a modest start, with several companies permitting essential travel.
Nikhil Sharma, regional director, Eurasia at Wyndham Hotels & Resorts, EMEA, said companies continue to reopen offices and welcome back staff in a new hybrid environment. “As a result, we are witnessing a gradual growth in corporate bookings within pharma, IT & manufacturing sectors,” he said.
Kerrie Hannaford, VP, commercial at Accor for India and South Asia, said light at the end of the tunnel is visible. “Corporates are travelling for projects that were postponed last year. We have seen encouraging updates in last one week where we have also seen a spike in IT & ITeS segment which has started supporting our hotels in Bengaluru and Hyderabad,” she added.