New Delhi, November 09, 2019: According to Amatra, the revenue at Amatra By The Ganges & Amatra Dunsvirk court increased over 100% in October as compared to September. As per the reports revenue in the month of October is twice of the revenue in September.
At Amatra By The Ganges, the ARR pumped up by approx 29% and by 8% at Amatra Dunsvirk Court.
From September to October, rate of occupancy increased from 35% to 48% at Amatra By The Ganges, and it increased from 25% to 41% at Amatra Dunsvirk Court. The reason behind this was the lower rates, which helped travelers & guests to stay for long at hotels. Another reason for this growth was the climate change in Delhi which played a major role in pushing people to flock to Uttarakhand.
GST rate cut brought boom in Hotel Industry economy. Lower rates influenced the travelers’ demand as there was an increase in the number of rooms occupied and thus the revenue increased in October as compared to previous months.
Corporate Comm India(CCI NewsWire)
