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Indian Hospitality Sector Steady in Recovery, December 2024 Sees Positive Momentum in Occupancy and ARR Growth

Indian Hospitality Sector Steady in Recovery, December 2024 Sees Positive Momentum in Occupancy and ARR Growth

The Indian hospitality industry has continued its steady recovery, with December 2024 reflecting year-on-year growth in occupancy rates and average room rates (ARR), according to the latest HVS-ANAROCK Hotels & Hospitality Monitor - January 2025.

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Hospitality Sector Records USD 340 Million in Transactions in 2024, Expands into Tier-II and III Markets

Hospitality Sector Records USD 340 Million in Transactions in 2024, Expands into Tier-II and III Markets

The Indian hospitality sector marked another robust year in 2024, with transaction activity totaling USD 340 million, slightly surpassing the USD 337 million recorded in 2023, according to data by JLL. This growth trajectory underscores

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Travel & Hospitality Sector in India Projecting 8.2% Net Employment Change in HY2 FY2025: TeamLease Report

Travel & Hospitality Sector in India Projecting 8.2% Net Employment Change in HY2 FY2025: TeamLease Report

TeamLease Services, a leading staffing solutions company in India, has provided detailed insights into hiring trends in the travel and hospitality sector. Its Employment Outlook Report for HY2 (October-March) FY2024-25 reveals strong growth in the

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Indian Hospitality Industry’s RevPAR to hit decadal highs in FY2025, and improve further in FY2026: ICRA

Indian Hospitality Industry’s RevPAR to hit decadal highs in FY2025, and improve further in FY2026: ICRA

ICRA expects the revenues of the Indian hospitality industry to grow by 7-9% YoY in FY2025 and 6-8% YoY in FY2026, over the high base of FY2024. Further, ICRA estimates pan-India premium hotel occupancy to

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Hospitality Furniture Market Booming Worldwide with Latest Demands: Forecast to Reach USD 6.4 Billion by 2033

Hospitality Furniture Market Booming Worldwide with Latest Demands: Forecast to Reach USD 6.4 Billion by 2033

The expanding global tourism and hospitality industry is a significant driver for the hospitality furniture market. As more hotels, resorts, restaurants, and other hospitality establishments open worldwide, there is a corresponding increase in demand for

News Track
India’s Hospitality Sector Shifts Focus: HVS ANAROCK Report Highlights Growth Amid Challenges

India’s Hospitality Sector Shifts Focus: HVS ANAROCK Report Highlights Growth Amid Challenges

The latest HVS ANAROCK Monitor: November 2024 report reveals a dynamic but challenging landscape for India’s hospitality sector. While October 2024 saw a decline in occupancy rates across most cities, the industry experienced an encouraging

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No one is pushing the hotel industry to change faster than the savvy Indian traveller: SiteMinder

No one is pushing the hotel industry to change faster than the savvy Indian traveller: SiteMinder

SiteMinder, the world’s leading hotel distribution and revenue platform, has released SiteMinder’s Changing Traveller Report 2025, the largest survey globally on accommodation, revealing that Indian travellers are emerging as the most influential change-driving force in

culinary
Hospitality sector registers 10.8% Year-on-Year (YOY) RevPAR growth in Q3 2024: JLL

Hospitality sector registers 10.8% Year-on-Year (YOY) RevPAR growth in Q3 2024: JLL

The hospitality sector continued to witness Year-on-Year (YoY) growth in performance in Q3 2024 (July - September 2024), primarily driven by a rise in Average Daily Rate (ADR), resulting in a RevPAR growth of 10.8%.

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Indian Hospitality Sector Sees Strong Growth, Expected to Add 55,000 Keys in 5 Years with 8-9% RevPAR Boost, Says Report

Indian Hospitality Sector Sees Strong Growth, Expected to Add 55,000 Keys in 5 Years with 8-9% RevPAR Boost, Says Report

The hospitality sector is experiencing an upcycle, driven by strong domestic demand and favorable demographics, despite a decline in international tourist inflows. With supply trailing demand, investments in infrastructure and connectivity are on the rise,

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Hindware Launches Smart Appliance OTTAVIO 80L Built-in Oven

Hindware Launches Smart Appliance OTTAVIO 80L Built-in Oven

The Hindware OTTAVIO 80L Built-in Oven is a masterpiece of innovation, designed to transform your kitchen into a culinary haven. This advanced oven features cutting-edge air frying technology, allowing you to prepare healthy meals with

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