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Leisure Hotels Group opens 12-room lodge in Bhimtal

By Livemint
Leisure Hotels Group has 29 properties in North India

This will be the company’s 21st property. It has 12 locations in the state. The resort is in close proximity to places of tourist interest, 22 km from Nainital and about 300 km from Delhi NCR.

Vibhas Prasad, director, Leisure Hotels Group said, “The new openings are a part of the group’s continued commitment to the state. We feel there are still unexplored locales within the state and many tourism circuits have yet to be explored, hence, we are on a quest to put Kumaon Uttarakhand on the national tourism map that has close proximity to Delhi NCR, UP, Punjab & Haryana."

Since its foundation in 1989, the group has served travellers in Uttarakhand, Himachal Pradesh, Goa and Uttar Pradesh at 18 locations.

The group’s portfolio of 29 properties includes smart business hotels, boutique resorts, villas and camps.

According to JLL in a report, the Indian hospitality sector witnessed a rapid and strong recovery post the third wave in January 2022, driven by growth in demand for leisure, wedding, and business travel. As a result, Revenue Per Available Room (RevPAR) witnessed a growth of 39.1 % year-on-year (YoY) in Q1, 2022 (Jan-March).

However, the sector witnessed a 15.9% negative growth at a pan-India level in RevPAR in Q1 2022 compared to Q4 2021, due to the third wave of the pandemic, added JLL’s Hotel Momentum India (HMI) Q1, 2022 report

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Dive Deeper:
Hotel room revenues decline in March quarter: Report
RevPAR--a metric used to calculate the revenue of a hotel room--witnessed a growth of 39.1% year-on-year in Q1, 2022 led…
2 Stock Picks For Booming Tourism In Mexico
The COVID-19 pandemic put a hurt on many areas around the world that rely on international travelers to fly into…
Visitor survey reveals Wales outperformed England and rest of Europe as tourism bounced back
The figures were positive as the economy reopened but some stats still down on pre-pandemic and warning about future challenges
Govt aims to construct 18,000 km of national high in 2022-23: Nitin Gadkari
Gadkari said the Modi government has set an ambitious target to develop 2 lakh kms of National Highways Network by…
One subscription that gives you access to news from hundreds of sites
Stalin reiterates Tamil Nadu’s demands on judiciary to PM Modi, CJI
Maintaining social diversity and social justice in judges’ appointments is one among them
Explained | OBC reservation across India, its history and challenges
The Supreme Court recently upheld a stay on 27 per cent reservations for OBCs in Maharashtra
Get all your news in one place