Hotel bookings slowed down in January & February, says Indian Hotels

Tata Group hospitality arm Indian Hotels Company Ltd (IHCL) on Monday said that hotel bookings have slowed down in January and February 2022.

In an exclusive interview to CNBC-TV18's Latha Venkatesh, Puneet Chhatwal, managing director and chief executive officer, said, "We are very much in a difficult position to predict what is happening. When it comes to December, we are for a good finish."

Chhatwal said the company is seeing a challenging environment in London and in the US. Cape Town is recovering, Dubai is resilient and Maldives is one of the beneficiaries of COVID-19.