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Hospitality Sector Shines: RevPAR Grows by 10.8% YoY in Q3 2024

Hyderabad Leads with Impressive 23.6% Growth; Tier-II and III Cities Make Their Mark The Indian hospitality sector continues to thrive, recording a 10.8% Year-on-Year (YoY) growth in Revenue Per Available Room (RevPAR) in Q3 2024, according to JLL’s Hotel Momentum India (HMI) report. This remarkable performance is fueled by rising Average Daily Rates (ADR) and […]

Inorbit Malls Expands Footprint: Landmark Acquisition in Hubli Set to Transform Retail Landscape

JLL Brokers Major Deal for Akshay Sky Mall, Highlighting Tier II Market Potential Mumbai, September 19, 2024 – In a pivotal development for the retail real estate sector, Inorbit Malls (India) Pvt Ltd has acquired the ready-to-launch Akshay Sky Mall in Hubli, Karnataka, from Suresh Enterprises Pvt Ltd. With a gross built-up area of 643,319 […]