22nd Jul
To stay competitive, hotels need to adapt and evolve, with renovations playing a crucial role in adding value for both guests and businesses. In an interview with HT Lifestyle, Nirav Akshay Oza, CEO of Efcee Hotels, suggested five impactful renovation ideas that can boost a hotel’s appeal.
As India’s hotel and accommodation demand is projected to grow, hospitality businesses must invest in renovations and upgrades to enhance guest experience and differentiate themselves from competitors. Hotel revenue in India is expected to grow at a CAGR of 9.9% between 2023 and 2025, reaching a market value of US$24,751m, according to Statista.
In an interview with HT Lifestyle, Nirav Akshay Oza, CEO of Efcee Hotels, suggested five impactful renovation ideas that can boost a hotel’s appeal:
1. Revamping Guest Rooms and Suites
2. Refreshing the Lobby
3. Redesigning Outdoor Spaces
4. Upgrading Meeting and Event Spaces
5. Prioritizing Sustainability
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