Jaideep Dang
RevPAR surges 23% in Hyderabad, Tier II & III cities dominate new hotel signings: JLL
The Indian hospitality sector demonstrated strong growth in Q4 (October-December) 2024, with the top six markets experiencing year-over-year increases in both Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR).
Hospitality sector registers 10.8% Year-on-Year (YOY) RevPAR growth in Q3 2024: JLL
The hospitality sector continued to witness Year-on-Year (YoY) growth in performance in Q3 2024 (July - September 2024), primarily driven by a rise in Average Daily Rate (ADR), resulting in a RevPAR growth of 10.8%.
Hospitality sector registers 4.8% Year-on-Year (YOY) RevPAR growth in Q2 2024: JLL
The hospitality sector continued to witness Year-on-Year (YoY) growth in performance in Q2 2024 (April-June, 2024), primarily driven by a rise in Average Daily Rate (ADR), resulting in a RevPAR growth of 4.8%.
The hospitality sector witnessed 15.4% YoY RevPAR growth in Q2, 2023: JLL
The Indian hospitality sector continued to witness Year-on-Year (Y-o-Y) growth in performance in Q2 2023, primarily driven by the significant rise in Average Daily Rate (ADR) of 16.4% over Q2 2022 resulting in a RevPAR growth of 15.4%.
Domestic travel in India to continue to aid hotel recovery in 2021
With the revival of domestic travel, emergence of recovery indicators has come to the rescue of the sector
India’s hospitality industry sees 53% decline in 2020
According to JLL’s Hotel Momentum India (HMI) Q3 2020, India’s hospitality industry has witnessed decline of 52.8% in Revenue Per Available Room (RevPAR) during January to September 2020 over the same period last year due to the impact of Covid-19 pandemic
Join The Community
- Recap: The Travel Daily Media C-Suite Travel Trade Global Summit
- Presenting the relaunch of SAii Hotels & Resorts
- Lanson Place marks 30 years of exceptional residential hospitality
- dusitD2 Feydhoo Maldives to hold soft opening this month
- Plaza Premium Lounge chalks up ninth consecutive win at the Skytrax World Airline Awards
Join The Community