Indian revPAR jumps almost 10%

India filled 61.9% of its hotel rooms in July 2016
India filled 61.9% of its hotel rooms in July 2016

Hotels in India experienced rising rates, occupancy and revPAR (revenue per available room) in July 2016.

According to the latest data from STR, the country’s occupancy climbed 6.4% to 61.9% last month, while average daily rate (ADR) increased 3.0% to INR5,068.31 (approx. US$75). This allowed nationwide revPAR to jump to INR3,139.32 in July, 9.6% higher than the same month last year.

This uplift is in line with a sharp rise in the number of international travellers visiting India in July. The country welcomed 736,000 arrivals last month, up 17.1% compared to July 2015.

India’s monthly international tourism receipts surged 19.5% year-on-year to INR143.19 billion, with Bangladesh, the US and UK identified as India’s top three feeder markets during the month.

The 9.6% monthly growth of revPAR in India far exceeded that average 2.4% growth experienced across the Asia Pacific region. India’s absolute revPAR of around US$47 however, is significantly lower than the Asia Pacific average of US$69.68.

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