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Built in 1962, the hotel consisted of two 15-floor towers, 6-storey atrium, a Chinese restaurant and 90,000 square feet (8,400 m 2) of convention space. Renovations took place in 2001. Once a popular hotel and convention venue, the hotel closed due to declining business and other setbacks, culminating with the SARS crisis.
The hotel industry in India is poised for continued strong growth, with CareEdge Ratings forecasting a 9-11% year-over-year increase in revenue for hotels in FY25. This comes after an estimated 12-14% growth in RevPAR (revenue per available room) in FY24, driven by robust demand outpacing supply. [11]
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The India Tourism Development Corporation (ITDC) is a hospitality, retail and education company owned by the Government of India, under the administration of the Ministry of Tourism. Established in 1966, it owns over 17 properties under the Ashok Group of Hotels brand, across India.
Aviation fuel is supplied by Esso Avitat (Jet A-1) and Shell Aerocentre (Jet A and A-1), both located in the infield operations area of the airport. [68] FedEx has a large distribution centre on the north side of the airfield connected with multiple large jet parking bays and logistics handling facilities for servicing the Greater Toronto Area.
As of May 2024, the Greater Toronto Area (GTA) contains seven airports, eight heliports, and one water aerodrome. [2] [3] These aviation facilities are situated within and around Toronto and its neighbouring cities, serving airline passengers, regional air travel and commercial cargo transportation.