Hospitality is not one industry—but a composite that represents the global and local economic pulse, micro-market demand-supply dynamics and consumer confidence. Ambiguity laced with new challenges and opportunities can arise from any of these spaces. The sector is vulnerable to events like natural disasters, geopolitical developments and terrorism.
Further, in a developing economy like India, the demand for hotels is highly price sensitive. Highly capital intensive, with long gestation periods, the ability to generate profits from hospitality ventures is notoriously challenging.
In this webinar, Pavethra Ponniah, CFA, Vice President and Sector Head, ICRA Limited will discuss the opportunities and challenges in India's Hospitality sector. The webinar will address the following learning outcomes:
- Understanding the development of the hospitality industry in India and key challenges.
- Assessing key operating and financial parameters while analysing the prospects of the industry.
- Understanding the financial and operating factors to watch while assessing the credit risks in the industry.
This is the archived version of a live webinar that took place on 09 May 2019.