The hotel sector in Delhi experienced an upswing in performance in August 2016, driven by rising occupancy.
According to the latest data from STR, the Indian capital’s average occupancy was 61.5% last month, marking a 7.2% increase compared to August 2015. Coupled with a 1.4% rise in average daily rate (ADR), to INR5,376 (approx. US$81), this allowed Delhi’s revenue per available room (revPAR) to climb 8.7% to INR3,304.
The upscale and upper midscale sector reported the strongest revPAR growth in Delhi in August, rising 11.7%.
Driven by the government’s tourism-friendly policies, India’s travel industry is currently experiencing a period of historic growth. Along with consistent double-digit growth in terms of domestic air travel, international arrivals to the country increased 12% in August.
Delhi Airport welcomed more than a quarter (28%) of these inbound visitors, which in turn is fuelling demand for hotel accommodation in the capital.
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