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REVPAR GROWTH INDIA
Weddings, leisure and corporate comeback put India’s hotels on a stronger H2 path: ReportIndia's hotel sector anticipates stronger growth in the latter half of FY27. Robust domestic leisure demand and recovering corporate travel...- 'India is a country ripe for innovation across many facets of our business': Marriott International CEOMarriott sees India as a key growth market, planning significant expansion and new hotel openings. The company is adapting its brands and p...
- Diversity of consumers and range of price points make India a terrific laboratory for testing brands & new products: Anthony Capuano, president and CEO, Marriott InternationalMarriott International, the world’s largest hotel chain, is expanding aggressively beyond India’s biggest cities, aiming to nearly double i...
- Leela reports operating revenue of Rs 353 cr for Q1, PAT at Rs 48.8 crLeela Palaces Hotels & Resorts saw operating revenue rise 28% year-on-year. Net profit increased more than fivefold to Rs 48.8 crore during...
- Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 croreIndian Hotels Company reported a 18.5% net profit rise in Q1 FY27. Revenue per available room increased fourteen percent at domestic hotels...
- 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...
- 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...
- 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...
- 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.
- 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...
- 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...
- Domestic travel will continue to aid recovery for hotels in 2021: JLLAccording to the report, the total number of signings in Q4 2020 stood at 45 hotels comprising of 4,326 keys, recording a decline of 43.6%,...
- 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...
- 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...
- Indian hospitality posts growth in room revenues but margins contractWhile pan-India revenue per available rooms (RevPAR) were up by 4-5%, occupancies moved up by 2% to 62-63% from 61% and average room rates ...
- 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...
- 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...
- Fiscal 2012-13 starts weakly for Indian hotel industry: ICRAFiscal 2012-13 has started on a weak note for the Indian hotel industry with revenue per available room (RevPARs) shrinking 5-8% during the...
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