Research

Hotel Momentum India

Quarterly hospitality monitor Q4 2020

February 16, 2021

India’s hospitality industry has witnessed a decline of 54.9% in RevPAR during January to December (CY 2020) over the same period in 2019, due to the impact of COVID-19 pandemic. Overall, in terms of inventory volume, the brand signings declined by 44% in Q4 2020 over Q4 2019, however international operators signed more number of keys than domestic ones.

Q4 2020 Performance trend chart

Source : STR

The Hotel Momentum India (HMI) Q4 2020 outlines key insights from the sector including:

  • All key six markets in India witnessed a decrease in RevPAR Performance in Q4 2020 over the same period last year
  • Goa grew to be the RevPAR leader in absolute terms, despite a decline by 33.3% in Q4 2020 compared to Q4 2019
  • Bengaluru saw the sharpest decline of 77% in RevPAR in Q4 2020 compared to the same period in the previous year. However, the city has witnessed a month on month growth in performance during the last quarter of 2020.

Fill out this form to download report

There was an error submitting the form. Please try again.

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of downloading materials you have requested.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.