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‘Q3 hasn’t been very good for hotel industry’

DNMUM429540 | 1/8/2019 | Author : Ashish K Tiwari | WC :668

INDIAINC SPEAKS Patanjali Keswani, managing director, Lemon Tree Hotels

Patanjali Keswani, managing director, Lemon Tree Hotels, in conversation with Ashish K Tiwari, speaks about the overall business scenario of the hotel industry in India during the December quarter, new developments in the company and other issues.
How was the business season for the hotel industry in general?
The third quarter hasn’t been very good for the hotel industry. This I’m not talking about Lemon Tree but the industry in general. For business hotels, the key in the third quarter is when is Diwali. If Dussehra and Diwali are in October then November is very solid. That was not the case this year as Diwali came in the first week of November. So Diwali affected half of the November business season. As a result
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