Dhaka hotels bear the brunt of pandemic

Business for hotels in the capital was sluggish during the July-December period of 2020-21 as there were fewer events and programmes and a lower presence of guests.

But those located in places known for tourism continued to see higher profits thanks to people continuing to visit those areas.

Among four listed hotels, a year-on-year increase in the profit was marked by the Sea Pearl Beach Resort & Spa, the owing company of the Royal Tulip Sea Pearl Beach Resort & Spa and The Peninsula Chittagong.