Tag: pandemic

Hotel industry to grow in FY23 on demand recovery and asset-light expansion, says CRISIL Ratings

The Indian hotel industry is expected to register a significant improvement in profitability in the current fiscal aided by higher average room rate (ARR) and occupancy, according to a report by CRISIL Ratings. Profitability as represented by earnings before interest, ...

Diagnostic firms’ sales may fall 7% in FY23 as the pandemic eases, says Crisil

Revenues of diagnostic companies are expected to decline 5-7% in this fiscal as the pandemic intensity wanes due to fall in covid-19 cases along with consumers preferring self-test kits, according to a report by Crisil. This is in contrast with ...