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High demand from domestic travelers makes Goa fastest recovering market


High demand from domestic travelers makes Goa fastest recovering market
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What your travel checklist should include.(photo:IANSLIFE). Image Source: IANS News
New Delhi, May 20 : India s hospitality industry witnessed a decline of 38.7 per cent in revenue per available room (RevPAR) during Q1 2021 as compared to Q1 2020, according to JLL s Hotel Momentum India (HMI) Q1 2021, a quarterly hospitality sector monitor.
Additionally, RevPAR in the top six cities has decreased by 48 per cent in Q1 2021 as compared to Q1 2020.
The recovery of the sector has been primarily driven by leisure segment performing notably well. Total number of signings in Q1 2021 stood at 28 hotels comprising of 2,064 keys, recording a decline of 53 per cent compared to the same period last year. International operators dominated signings over domestic operators with the ratio of 54:46 in terms of inventory volume. ....

New Delhi , Jaideep Dang , Hotel Momentum India , Hospitality Group , Momentum India , Managing Director , South Asia , புதியது டெல்ஹி , ஜெய்தீப் டங் , ஹோட்டல் வேகத்தை இந்தியா , விருந்தோம்பல் குழு , வேகத்தை இந்தியா , நிர்வகித்தல் இயக்குனர் , தெற்கு ஆசியா ,

Indian hospitality industry's RevPAR falls 39 pc in Q12021: JLL


Indian hospitality industry s RevPAR falls 39 pc in Q12021: JLL
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Last Updated: May 20, 2021, 03:32 PM IST
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India s hospitality industry witnessed a decline of 38.7 per cent in Revenue Per Available Room (RevPAR) during the first quarter of 2021 as compared to the year-ago period, according to global real estate consultant
RevPAR in the top six cities has decreased by 48 per cent in Q1 2021 as compared to Q1 2020, JLL s Hotel Momentum India (HMI) Q1 2021 said in a statement.
Goa grew to be the RevPAR leader in absolute terms, despite the single digit decline in RevPAR by 1.1 per cent in January-March 2021 compared to the year-ago period. This was due to a 6.4 per cent increase in occupancy levels, it added. ....

Jaideep Dang , Hotel Momentum India , Hospitality Group , Revenue Per Available Room , Momentum India , South Asia , ஜெய்தீப் டங் , ஹோட்டல் வேகத்தை இந்தியா , விருந்தோம்பல் குழு , வருவாய் ஒன்றுக்கு கிடைக்கிறது அறை , வேகத்தை இந்தியா , தெற்கு ஆசியா ,