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REVPAR GROWTH IN HOTELS
International visitors to Dubai to return ahead of hotel rate recoveryDubai's tourism is bouncing back, with visitor numbers expected to recover before hotel rates. Accor, a major hospitality player, notes a l...- IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
- DS Group to launch Marriott International’s W Hotels brand in Delhi NCRDS Group is launching a 200-room W Hotels property in Delhi NCR in 2027, investing Rs 400 crore. This expansion increases their hospitality...
- DS Group to hike investment in hospitality segment to Rs 1,500 cr: Vice-Chairman Rajiv KumarDS Group is boosting its hospitality investment to Rs 1,500 crore. The conglomerate plans to double its room count ahead of its 2029 target...
- The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
- Dubai hospitality gets a nine-day breather during Eid al-Adha holidaysIn anticipation of the Eid al-Adha holidays, hotels across Dubai and Abu Dhabi are seeing a notable spike in reservations, a promising sign...
- ITC Hotels Q4 PAT at Rs 317 crore, chain posts revenue of Rs 1,254 croreITC Hotels posted strong FY26 growth with higher revenue, profit and record hotel signings. The company acquired a luxury resort in Kumarak...
- IHCL shares in focus after Q4 results; firm highlights Iran-US war impact. Here’s what Morgan Stanley, other brokerages sayThe Indian Hotels Company Limited (IHCL) reported a 15% year-on-year rise in net profit to Rs 600 crore for Q4 FY26, despite a 36% sequenti...
- Dubai hotel rates remain stable amid shocksAverage hotel rates for new bookings in Dubai remained largely stable through April, according to data from RateGain and industry executive...
- 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...
- Hilton Q1 Results: Revenue rose 12% to $2.57 billion; co lifts profit forcastHilton Worldwide Holdings beat Wall Street estimates for first-quarter revenue and raised its 2024 profit forecast on Wednesday, banking on...
- 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...
- 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...
- 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...
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