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JLL REPORT ON HOSPITALITY
Smaller cities power India’s corporate travel surgeCorporate travel in India is increasingly shifting towards smaller cities, with nearly 60% of bookings now originating from or heading to t...- Indian hospitality sector's revenue per available room jumps 12.9% in April-June: ReportMumbai's hospitality sector saw growth. Revenue per Available Room increased by 12.9 percent in April-June. Bengaluru led with a 29.4 perce...
- India's hospitality sector expected to attract USD 1 bn investments by 2028: ReportIndia's hospitality sector is booming. It shows strong growth in early 2025. Investments are expected to reach USD 1 billion by 2028. Reven...
- Hotel investments in India touched $ 401 million last year: JLLIndia's hospitality sector attracted a record $401 million in investments in 2023, with significant growth in hotel transactions and increa...
- Vikram Aggarwal in talks to buy Chennai's Clarion Hotel for Rs 180 croreVikram Aggarwal to acquire Clarion Hotel in Chennai for ₹180 crore in June. VVA Hotels Pvt Ltd manages Fortune Select Palms, Radisson Blu. ...
- India’s hospitality sector witnessed 15.8% year-on-year RevPAR growth in Q4, 2023: JLLAccording to the report, the sector witnessed a significant growth of 31% in revenue per available room in Q4 2023, compared to Q3 2023.The...
- More high net worth individuals, family offices checking into hotels businessIn the first nine months of this calendar year ended September, family offices have invested ₹900 crore in hotels, almost two-thirds of tot...
- Hotel industry deals surge 140% in H1 2023The hotel industry in India experienced a significant increase in transactions, reaching $175 million in the first half of 2023, a 140% ris...
- Hotels see a surge in room revenue in 2022JLL stated that the hospitality sector continued to witness strong year-on-year growth in performance in the ast quarter of last year, prim...
- The hospitality sector witnessed 60.9% YoY RevPAR growth in Q4 2022: JLLJLL stated that the hospitality sector continued to witness strong year on year growth in performance in quarter four 2022 (October-Decembe...
- Hotel occupancy levels improved to 35% in November 2020 on back of domestic travel: JLLGoa witnessed considerable growth in recent months achieving a market-wide occupancy level of almost 55% in November 2020.
- India’s hospitality industry witnessed decline of 52.8% in RevPAR during the first three quarters of 2020: JLLAll key 11 markets in India reported a decrease in RevPAR Performance in Q3 2020 over the same period last year. Mumbai continues to be the...
- Hotel industry's revenue per room falls 53% in Jan-Sep: JLL India"India's hospitality industry has witnessed a decline of 52.8 per cent in Revenue Per Available Room (RevPAR) during January to September 2...
- RevPAR in Delhi hotels declined 44.3 per cent YoY from January to July: JLL IndiaJLL said the city’s RevPAR is slowly rising as the central and state governments have gradually eased lockdown restrictions, with internati...
- India's hotel revenue per available room declined 43.5% in H1 2020: JLLOverall, in terms of inventory volume, brand signings declined by 83% in Q2 2020 over Q2 2019, however international operators signed a gre...
- 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...
- Hotels, hospitality sectors severely impacted by COVID-19 pandemic: JLLComing off a high performance base in 2019, the COVID-19 outbreak and the containment measures introduced by the government have resulted i...
- Hotel assets worth nearly $ 1 billion up for saleThe mapping includes the recent on the-block portfolio of Jaypee Hotels and the e-auction of the management rights of the Taj Mansingh Hote...
- Sahara group hires JLL for Plaza hotel sale: ReportSupreme Court ordered auction process also began for Sahara group's luxurious Aamby Valley resort town with the official liquidator invitin...
- Kochi to become a preferred real estate destination: JLLKochi - which was earlier struggling to recover from an oversupply scenario - would see a massive revival due to creation of demand from th...
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