Hotel Momentum

Quarterly hospitality monitor Q4 2019

February 10, 2020

Buoyant commercial leasing activity across top seven business cities in India leading to higher demand for rooms has been the key driver of growth in RevPAR across most top Indian markets. Nine out of top 11 markets witnessed a continues rise in RevPAR performance during the October–December 2019.

  • Nine out of top 11 markets in India witnessed a rise in RevPAR performance in the Q4 2019 over the same period last year
  • Mumbai topped in absolute terms whereas Hyderabad led in RevPAR percentage change in fourth quarter as well as CY 2019 over the same period last year
  • Nine of the top 11 markets witnessed an increase in ADRs. Hyderabad leads in ADR% change in Q4 2019 over the same period last year
  • Gurugram leads in occupancy growth change during the same period

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