Critical Challenges Faced by Hotel Owners in India
The critical challenges as identified by the owner community (Addendum) bear a strong correlation to a hotel's typical life cycle. While some of these challenges are self-created, others are beyond an owner's control. Either way, these set an incorrect precedence for new hospitality ventures, reflecting poorly on the Indian hotel industry at large.
The article discusses the critical challenges faced by hotel owners in India broadly categorised under Funding, Development, Human Capital and Operator Management Contracts, highlighting three priority issues under each.
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