Debt Can Fuel Growth In Hospitality Sector: IIM-I Study

Indore (Madhya Pradesh): A new study by researchers at the Indian Institute of Management (IIM) Indore has found that higher debt levels can significantly boost sales growth in India's hospitality and tourism (HT) sector, challenging the conventional belief that excessive borrowing invariably hampers business performance. The study, co-authored by Prof Sujay Mukhoti and Prof Kousik Guhathakurta and published in the International Journal of Hospitality Management, examines how capital structure influences sa