Hospitality Sector: Lemon Tree Hotels poised for 21% upside amid robust demand trendsAfter a subdued 1HFY25, the hospitality sector rebounded strongly, fueled by a vibrant wedding season and thriving MICE activities. Key pla...
21 Dec, 2024, 12.35 PM IST
Hospitality sector saw a Q32024 RevPAR growth of 10.8%: JLL ReportIndia's hotel industry saw growth in the third quarter of 2024. The increase in revenue per available room was a significant 10.8%. Hyderab...
19 Nov, 2024, 01.56 PM IST
Nationwide occupancy of 67.5% highest in a decade in 2023-24: Hotelivate ReportIndia's branded hotel sector achieved a 67.5% nationwide occupancy rate in 2023-2024, the highest in a decade, with an average daily rate o...
09 Oct, 2024, 10.09 AM IST
Hospitality sector registers 4.8% Year-on-Year (YOY) RevPAR growth in Q2 2024: JLLIndia's hospitality sector saw a 4.8% increase in revenue per available room in Q2 2024, thanks to rising average daily rates in most key m...
14 Aug, 2024, 12.41 PM IST
Indian hospitality sector witnesses 11.4% YoY RevPAR Growth in Q1 2024: JLLIn the first quarter of 2024, the Indian hospitality sector experienced positive growth, with a significant increase in Average Daily Rate ...
22 May, 2024, 12.46 PM IST
Indian hospitality sector witnessed a 339.3% YoY RevPAR growth in April-June: JLLThe country was amidst the second wave of the pandemic in Q2 2021, which had a significant impact on the performance of the hospitality sec...
09 Aug, 2022, 12.29 PM IST
India’s hospitality sector witnessed a 169.4% YoY increase in RevPAR in Q3: JLLGoa re-emerged as the RevPAR leader in absolute terms in Q3 2021 with a growth of 389.8% as compared to the low base of Q3 2020.
10 Nov, 2021, 11.46 AM IST
Revenue per available room in top six Indian cities rises 84.7 pc in Q2 2021: JLLMumbai witnessed the highest growth in occupancy level, registering a 17.7 per cent increase in Q2 2021 over the same period last year. Che...
16 Aug, 2021, 04.42 PM IST
COVID-19 hits hotel industry; revenue per room drops 13-29% in Jan-Mar in top cities: ReportThe outbreak of COVID-19 has adversely impacted the occupancy levels at hotels across 11 major cities, resulting in a decline of up to 29 p...
13 May, 2020, 11.15 AM IST
Industry performs but concerns over occupancy remain: JLL Hotels and Hospitality GroupIn RevPAR percentage terms, as compared with the corresponding period the last year, Hyderabad ranked on top.
29 Jul, 2019, 07.53 PM IST
Destination hotels celebrate as weddings prop up revenueCarlson Redizor Hotels Group, which operates Radisson, Park Inn, Park Plaza and Carlson brand of hotels, saw its occupancy growth double in...
14 Jun, 2017, 11.08 AM IST
Hotels’ revenue growth to decline from 10% to 7% in FY2018: ICRAAs against expectations of a 7% supply growth in FY2017, supply growth in the premium hotel segment was weaker on account of some delays/de...
31 May, 2017, 07.29 PM IST
Hotels face headwinds, but investors are bullishShares of Indian Hotels, EIH, Advani Hotels, Oriental Hotels and Viceroy Hotels have jumped 9%-64% in the last three months.
22 Jul, 2016, 02.58 AM IST
Hotels record higher occupancy, revenue during January-March quarterHotels in India reported over 5% year on year growth in occupancy in the quarter ended March, helped by a rise in corporate demand and dome...
07 May, 2016, 04.33 AM IST
Rise in business-related travel drive hotel rooms demand to five-year highDemand for hotel rooms in India grew 20% in October, the highest in five years, driven by increase in business-related travel, according to...
30 Nov, 2015, 04.45 AM IST
Premium Hotels: Excess supply, low occupancy to hit companies revenueProfit margins of premium hotels are expected to be under pressure in the next two fiscals considering the number of rooms coming up.
03 Oct, 2012, 06.59 AM IST
- Premium hotels' profitability to hit decadal lows: CRISIL Research
Profitability of premium hotels in the five star and five star deluxe segment is expected to plunge in 2012-13 and 2013-14, says CRISIL Res...
11 Sep, 2012, 03.14 PM IST