rise in hotel inventory
Weak rupee makes the office space in Connaught Place (CP) favourable for international occupiers. Connaught Place’s (CP) global real estate rankings fell a few notches – from 4th to 8th most expansive office location globally according to an annual survey by the real estate consultant Cushman & Wakefield. The prime reason for the fall is [...] Continue Reading »
The real estate consultancy Cushman & Wakefield’s survey shows that Hospitality sector is expected to add 52,000 new hotel rooms over the next five years (2013-2017), thus a rise of over 65 per cent in total hotel inventory by 2017. The survey shows that on the back of improved global economic conditions, the sector is [...] Continue Reading »
