Browsing Category

Hospitality

12 posts

Dive into the latest trends and news in the hospitality industry. This tag covers a range of topics including hotel developments, tourism trends, service innovations, and industry insights, offering valuable information for professionals and enthusiasts in the hospitality sector.

Hospitality

Indian Hospitality Sector Booms: Strong Growth in RevPAR and Investments

The Indian hospitality sector experienced significant growth in Q4 2024, with Hyderabad recording the highest RevPAR surge at 23.3%. The industry saw 99 new hotel signings, with Tier II and III cities accounting for 75% of the expansions. Investments reached INR 2,900 crore, driven by private investors and HNIs, signaling strong confidence in the sector’s future.

SquareFeatIndia
March 26, 2025
2 minute read

Hospitality

Hospitality Sector Sees 10.8% Year-on-Year RevPAR Growth in Q3 2024

The Indian hospitality sector reported a 10.8% Year-on-Year growth in RevPAR for Q3 2024, with Hyderabad leading the charge at 23.6%. The sector continues to benefit from strong corporate travel, new hotel openings, and an expected rise in MICE events.

SquareFeatIndia
November 19, 2024
2 minute read

Hospitality

India’s Hospitality Sector Sees USD 93 Million in Investments in H1 2024

In the first half of 2024, India’s hospitality sector attracted USD 93 million in investments, with a forecasted year-end total of USD 413 million, a 22% increase from the previous year. JLL’s report notes strong contributions from listed hotel companies, significant hotel signings, and robust growth across various market segments, reflecting continued investor confidence and favorable economic conditions.