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Hospitality

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).

Global

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%.

Awards

JLL’s Paavan Patel: Ensure guest experience enhancements are aligned with business objectives

JLL vice-president for advisory and asset management Paavan Patel shares his insights and recommendations for the Asian hospitality sector in this exclusive interview.

Global

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%.

Global

Cola Holdings and IHG Hotels & Resorts strengthen their partnership

IHG Hotels & Resorts is delighted to announce it has extended its partnership with a key Owner group: Cola Holdings – for Holiday Inn London – Kensington High Street.

Features

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

Global

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

Asia

Co-living hotel to open in Singapore

Katrina Group has announced the launch of the first affordable line of co-living hotels in Singapore. Introduced through its hospitality

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