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HVS ANAROCK
Branded hotel rooms in Northeast to double by 2030Northeast India is transforming with a significant increase in branded hotels. Over 3,000 new rooms are planned by 2030, with Assam leading...- Pratyush Pandey, CEO of Upflex India resigned after 8 years with AnarockPratyush Pandey, CEO of Upflex India, has resigned after an eight-year tenure with Anarock. A founding member since 2017, he successfully s...
- HVS Anarock to hold maiden HOPE 2023 conference in Goa in MarchHOPE 2023 will be held at the Taj Resort & Convention Centre in Goa.
- Average occupancy at hotels may rise to 65% since Covid onsetOccupancies for top chains are likely to be well above this mark. Hotel chains said they are hoping for a "phenomenal" performance, backed ...
- Anarock looking to raise $100 million to acquire tech startups in realty sector, expand bizRecently, Anarock had informed that the company sold residential properties worth Rs 8,084 crore on behalf of developers during the April-S...
- Hotel occupancies in all major cities saw month on month increase in June: HVS Anarock ReportAll India average occupancies were between 30-32% in June, up by 12-14 percentage points month on month, while average daily rates were up1...
- Anarock to launch AI-based proptech solution to boost housing sales of builders"The system's algorithm analyses customer behaviour data to yield highly accurate leads, thereby boosting marketing efficiency, reducing co...
- Expect India-wide occupancies to improve to 56-59% in 2021: HVS AnarockHotel transactions declined by 50% in 2020 compared to 2019. HVS Anarock said the gradual rollout of the Covid-19 vaccine across the globe ...
- Occupancies in India's hotels in Feb could have breached the 50% markIndustry insiders estimated February to have been a better month operationally for the sector, with occupancy levels possibly breaching the...
- Hotel occupancy falls 31% in JanuaryIndustry insiders said after the year-end frenzy in December,the performance of the Indian hotels sector was relatively subdued and grew ma...
- India's developed hotel markets in Delhi, Mumbai & Bengaluru still the smallest in Asia: ReportAs per the report, the three cities, which are the most mature markets in India, must combine their branded supply to match up to Singapore...
- Percentage of students joining back hotel industry decreasing over the years: HVS Anarock Internship StudyHVS Anarock said it conducted an anonymous online survey amongst hospitality students (who had completed their internships) from four leadi...
- Hotel occupancy in India improved from approximately 10% in April 2020 to almost 26% in September 2020: HVS Anarock"We anticipate the overall Indian hospitality sector (including organized, unorganized and semi-organized operators) to incur an estimated ...
- Despite curbs being eased, recovery for India's hospitality sector looks dismal and bleakAs per HVS, demand has not yet revived because corporate travel is on a standstill. Leisure travel has also not seen any uptick in states w...
- Occupancy fall among steepest for Indian hotelsAs per hospitality consultancy HVS Anarock’s Hotels & Hospitality Overview, occupancies in India declined 81 per cent in April from a year ...
- Over 60% GMs preparing to reopen hotels as soon as lockdown is lifted: HVS Anarock surveyHVS Anarock said its anonymous online survey captured responses of 160 general managers across branded hotels pan India covering details li...
- Elections, rising supply to dampen hotel industry’s performance in 2019: ReportOver the last two years, hotel supply in India grew by 3.7% in 2017, and 3.5% in 2018, while demand grew by 7% and 6.8%, the report said.
- 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.
- Hotel chains warm up to the city of joyITC Hotels will launch the Royal Bengal in Kolkata in April. The 456-room hotel includes 82 service apartments and is located adjacent to t...
- HVS, ANAROCK ink partnership to tap into India’s hospitality marketLast year, HVS and its joint venture partner in India mutually terminated their partnership after being together for over 20 years.
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