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India to have 3.33 million rooms by 2023: Hotelivate Report

Monday, April 22, 2019, 16:11 Hrs  [IST]

The number of hotel rooms in India is anticipated to surge to 3.33 million through 2023 from a meager 18,000 in 1995/96, reveals ‘The Ultimate Indian Travel & Hospitality Report’ complied by Hotelivate in association with CAPA and WTTC India Initiative. As of December 2018, India’s accommodation segment had 2.72 million options. All these room options are across traditional chains, new-age hotel chains, independent/unbranded hotels and alternate accommodation like guesthouses and home stays. Hospitality Biz offers key highlights of hospitality industry data of the comprehensive report.



GROWTH OF BRANDED/TRADITIONAL CHAIN-AFFILIATED ROOM INVENTORY IN INDIA - PAST 10 YEARS AND 2022/23


PERFORMANCE OF THE BRANDED/TRADITIONAL CHAIN-AFFILIATED ROOM INVENTORY BY ORIGIN IN INDIA - 2017/2018











 
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