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In Brief: 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.
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HVS Anarock India Hospitality Industry Review for April 2026 – Image Credit HVS
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Key highlights include:
March 2026:
- India’s hotel sector moderated sequentially in March 2026 from the strong February base, reflecting seasonal softening as well as the impact of the Middle East conflict and broader geopolitical tensions. Despite this, performance remained ahead of last year, supported by resilient corporate travel, weddings, and MICE demand.
- ARR trends in March 2026 reflected a largely positive performance across Indian markets, with most cities recording year-on-year growth despite a softer demand environment.
- New Delhi recorded the highest occupancy in March 2026 at 78–80%, followed by Mumbai (73–75%) and Chandigarh (71–73%).
Q1 CY2026
- In Q1 CY2026, India’s hotel sector sustained strong momentum with ARR at ₹10,000–10,200, occupancy of 67–69%, and RevPAR of ₹6,700–7,038. Performance improved both sequentially and year-on-year, supported by steady corporate travel, events, and resilient domestic demand, despite geopolitical tensions and war-led disruptions that created volatility in oil prices and operating costs.
Click here (Adobe Acrobat PDF file) to download the review.
