HVS Anarock India Hospitality Industry Review February 2026

Read the latest edition of the HVS ANAROCK monthly industry update, MONITOR (Monthly Overview of National Industry Trends and Hospitality Report), for the key trends in the Indian hospitality industry.

Key highlights include: February 2026:

• The Indian hotel sector opened CY2026 with a healthy year-on-year growth across ARR, occupancy, and RevPAR, although performance saw a modest sequential correction compared to December 2025.
• Bengaluru emerged as the strongest outperformer, registering the highest year-on-year ARR growth of 15-17%, supported by sustained corporate and commercial demand. Pune followed closely, posting robust growth in the range of 11–13% YoY.
• Occupancy at the national level reflected a largely stable year-on-year performance. Chandigarh emerged as the strongest performer, recording the highest occupancy growth of 7-9 percentage points YoY. Bengaluru, however, witnessed a year-on-year decline of 3-5 percentage points.

Click here (Adobe Acrobat PDF file) to download the review.