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The hospitality sector witnessed 15 4% YoY RevPAR growth in Q2, 2023: JLL

The Indian hospitality sector continued to witness Year-on-Year (Y-o-Y) growth in performance in Q2 2023, rise in Average Daily Rate (ADR).

Indian hospitality sector witnessed a 100 3 percent YoY RevPAR growth

Indian hospitality sector witnessed a 100 3 percent YoY RevPAR growth
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Indian hospitality sector witnessed a 100 3 percent YoY RevPAR growth

With improved vaccination rates and fewer travel restrictions the Indian hospitality industry is currently on an upward trend, with traveller confidence. The Revenue Per Available Room (RevPAR) witnessed a growth of 100.3 percent year-on-year .

Indian hospitality sector witnessed a 100 3% YoY RevPAR growth in Q4, 2021: JLL s Hotel Momentum India

Domestic hotel operators dominated signings over international operators with a ratio of 52:48 in terms of inventory volume.

Hospitality sector bounces back; records over 100% RevPAR growth in Q4: Report

Hotel signings in Q4 stood at 85 hotels with 7,347 keys, a significant increase of 81.9 per cent, according to JLL report.

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