Learn the newest version of the HVS ANAROCK month-to-month business replace, MONITOR (Month-to-month Overview of Nationwide Business Tendencies and Hospitality Report), for the important thing traits within the Indian hospitality business.
Key highlights (December 2024) embrace:
- The Diwali glow arrived a month later for the Indian resort sector, with November occupancy charges growing by 8-10 proportion factors year-on-year (y-o-y) and 10-12 proportion factors in comparison with the earlier month.
- The robust development in ARR, which noticed a 11-13% rise in comparison with the earlier yr, additional bolstered RevPAR, driving total efficiency upward.
- All key markets witnessed vital will increase in occupancy charges in comparison with the identical interval final yr.
- In November 2024, almost all main markets, besides Ahmedabad and Kolkata, recorded a rise in common charges in comparison with the earlier yr.
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