Browsing Category

Hospitality

11 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 industry

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.
Hospitality industry

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.
Hospitality industry

Indian hospitality sector witnesses 11.4% YoY RevPAR Growth in Q1 2024

The Indian hospitality sector continued to witness Year-on-Year (Y-o-Y) growth in performance…
Hospitality industry

India’s hospitality sector witnessed USD 401 million investment activity in FY23

Hotel transaction volumes in Q1FY24 at USD 78 million Approximately 25% of…
Hospitality industry

India’s hospitality sector witnessed 15.8% year-on-year RevPAR growth in Q4, 2023

·                Bengaluru witnessed the highest growth in Revenue Per Available Room (RevPAR) in…