Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.
Key highlights include:
- India’s domestic air passenger traffic in January 2024 increased by nearly 5% over the same period last year.
- In January 2024, the hotel sector in India saw lower occupancy compared to pre-pandemic levels, but continued growth in average rates.
- Mumbai was the only market that breached the 80% occupancy level mark, while Kolkata and Ahmedabad crossed the 75% mark.
- Hyderabad & Kochi saw a year-on-year increase of over 30% in average rates.
0 Comments
Success
It will be displayed once approved by an administrator.
Thank you.
Error