'Hospitality seen getting 29% more investments at $436 million this year'The Indian hospitality sector was set to attract $436 million in investments by year-end, a 29% increase from last year. JLL's forecast sug...
20 Aug, 2024, 11.35 PM IST
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...
09 Feb, 2024, 12.16 PM IST
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...
28 Sep, 2023, 12.11 AM IST
IHCL, HLV Ltd, Hilton, Wyndham, DLF, JLL attend ITDC roadshowThe session was attended by entities including Tata Group-backed Indian Hotels Company, Brookfield-backed HLV Ltd (formerly Leelaventure), ...
22 Aug, 2022, 08.57 PM 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
Indian hospitality industry's RevPAR falls 39 pc in Q12021: JLLThe recovery of the sector has been primarily driven by the leisure segment performing notably well.
20 May, 2021, 03.32 PM IST
Hotel investment trading volume in India declines 84% in 2020, says JLLThe tourism industry appears to have taken the hardest hit across the globe of all the affected industries in the COVID-19 pandemic. In wea...
24 Mar, 2021, 08.20 PM IST
Delhi witnessed a 74.4% YOY decline in RevPAR during Q42020, Mumbai RevPAR declined by 58.4% : JLLWhile the RevPAR decline was steep, Jaideep Dang, managing director, Hotels and Hospitality Group, South Asia at JLL said post the unlockin...
17 Feb, 2021, 02.40 PM IST
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...
11 Nov, 2020, 01.59 PM IST
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...
28 Aug, 2020, 12.35 PM IST
Bengaluru hotel sector performance declined 59% in RevPAR in YTD July 2020 (Y-o-Y): JLL“Over the last few years, Bengaluru has evolved into a fundamentally strong hotels market on back of office demand led by IT and Fintech co...
24 Aug, 2020, 12.37 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
Covid-hit star hotels check into online delivery platformsHotel chains including Accor, Hilton and Conrad, and Sheraton have been delivering food from their in-house restaurants through Swiggy and ...
23 Apr, 2020, 03.50 PM IST
Industry insiders expect better occupancies in coming quarter after GST tax cutThe GST Council had on Friday slashed room rates for hotels with tariffs of Rs 7500 and above to 18% from 28% besides rejigging the tax sla...
24 Sep, 2019, 08.34 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
Indian hospitality sector may see many more deals in 2019: StudyHotel transaction volumes could cross $800 mn in 2019, the highest for the Indian hospitality industry.
25 Mar, 2019, 07.16 AM IST
JLL India appoints Jaideep Dang to spearhead hotels and hospitality businessJaideep Dang has wide-ranging and extensive experience across business consulting, transactions, management contracts, feasibilities & appr...
13 Nov, 2018, 05.29 PM IST