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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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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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Indian hospitality sector witnessed a 339.3% YoY RevPAR growth in Q2, 2022: JLL

Indian hospitality sector witnessed a 339.3% YoY RevPAR growth in Q2, 2022: JLL

The Indian hospitality sector witnessed strong growth in Q2 (April – June) 2022, primarily driven by demand for weddings and events as well as stellar recovery of corporate travel. The country was amidst the second

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