Indian government finds solution for loss-making hotels

Back in January, we noted that India’s tourism ministry was planning to make eight of the 16 hotels run by the state-run India Tourism Development Corporation private. By May, the number of properties headed to market had grown to 14—more than 85 percent of ITDC’s portfolio. These hotels, described as “perennially loss-making,” would be offloaded to private developers.

The above  is an extract of the original article available at : hotelmanagement

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About RezNext

RezNext is the world’s only true Real-Time Distribution Management Solution provider. It empowers hotels to adopt a distribution strategy that simplifies the complex global distribution environment and makes it understandable and manageable. It is integrated with revenue management, operating intelligence and powered with reputation management insights. RezNext’s portfolio of offerings include Rate & Channel Manager, Revenue Management, Online Reputation Management, Website Designing and Web Booking Engine, Mobile solutions, Central Reservation System, Business Intelligence, Property Management System (PMS) two-way connect, GDS and OTA Interface and Loyalty & Feedback Management. Our growing range of solutions can be access by hospitality properties across market segment and size, such as independent hotels, chain hotels, business hotels, resorts, clubs, service and limited service apartments, spas, restaurants and others.
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