Most large players in the hotels space, especially the ones operating in the luxury and upscale segments, have bounced back well after two troubled years marked by lockdowns and travel restrictions in the Covid period, from 2020 to almost the middle of 2022.
However, some have found it tough to get back into profitability at the net level even in the post-Covid recovery period, though many operational metrics are looking up.
As an example, we have Juniper Hotels — a partnership between the…
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