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HVS Anarock India Hospitality Industry Review October 2024 – Image Credit HVS
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Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.
Key highlights for October 2024:
- Sustained demand growth has led to consistent improvements in occupancy rates across key markets in September 2024, compared to the same period last year
- During the month, the average rates showed varied trends across key markets.
Q3 CY2024:
- An increase in occupancy rates was seen during Q3 CY2024 over the same period in CY2023, across all markets except Mumbai.
- Goa stands out as the only market to experience a decline in average rates when compared to both, the previous quarter and Q# CY2023.
Click here (Adobe Acrobat PDF file) to download the review.
