In an interview with ET Now, Vivek Nair, Chairman and Managing Director, Hotel Leelaventure Ltd, talks about the hotel industry amd shares his business outlook. Excerpts:
ET Now: 2013 has been a challenging year for the Indian hotel sector. First, leisure travel took a hit, then business travel took a hit. Do you think 2013 has been a year of tough implementation not only for Leela, but for the entire industry per se?