Market Report India
Why Luxury Hotel Brands Are Hot on India
Hotel operators are looking to ride the boom in domestic travel
Hotel operators are looking to ride the boom in domestic travel
Indias hospitality industry has witnessed a growth of 15.1% in RevPAR from July to September (Q3 2023) over the same period last year. Furthermore, the sector witnessed a marginal 4.5% decline at pan-India level in RevPAR in Q3 2023 as compared to Q2 2023.
Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.
A growing affinity towards experiential travel in India has given rise to the concept of experiential hotels, which offer guests stays that transcend the cookie-cutter hotel experience. Read on to know more.
Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.
Tech hubs have globally been a catalyst for the hospitality sectors expansion. Bengaluru and Hyderabad are prime examples of this trend in India, witnessing unprecedented growth in hotel supply in sync with their booming IT sectors. Read on to know more.
A significant rebound in hotel investment volumes.
As per the report based on RateGain's internal data, the surge in Demand started with Delhi witnessing a 40% surge in demand during the G20 week with an average increase of over 200% in hotel rates compared to last year.
India's outbound travel sector is witnessing a resurgence, mirroring a trend akin to the pent-up demand that fueled domestic tourism in the last two years. Read on to know more.
Indias hospitality industry has witnessed a growth of 15.4% in RevPAR from January to June (Q2 2023) over the same period last year.