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Indian hotel industry's revenues to rise 7-9 per cent in FY15: ICRA


 MUMBAI: Indian hotel industry's revenues are likely to increase by
7-9 per cent in 2014-15 mainly driven by incremental rooms and has said.
The agency however said that the outlook for the industry is expected
to remain subdued over the next 12-18 months due to weak demand in view
of supply.
source: http://articles.economictimes.indiatimes.com/2015-01-27/news/58508218_1_indian-hotel-industry-next-12-18-months-cent