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Hospitality sector registers 10.8% YOY RevPAR growth in Q3 2024: JLL

Hospitality sector registers 10.8% YOY RevPAR growth in Q3 2024: JLL

  The Indian hospitality sector maintained its upward trajectory in Q3 2024, with a 10.8% YoY growth in revenue per available room (RevPAR) and a 2% QoQ increase compared to Q2 2024, as reported in

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Indian Hospitality to add 55,000 Keys

Indian Hospitality to add 55,000 Keys

  The hospitality sector is witnessing an upcycle, driven by robust domestic demand and favorable demographics, despite a decline in international tourist arrivals. Supply is lagging behind demand, leading to increased investments in infrastructure and

Hotels & Resorts
Hotel Industry witnesses 11% Rise In Revenue During March Quarter: JLL

Hotel Industry witnesses 11% Rise In Revenue During March Quarter: JLL

The hotel industry of India saw strong demand at both business and leisure destinations during the Jan.- March period leading to an 11 per cent annual rise in revenue per available room, according to JLL.

Outbound
San Francisco attracts 23.1mn visitors in 2023; India ranks among Top 5 for visitation & spend

San Francisco attracts 23.1mn visitors in 2023; India ranks among Top 5 for visitation & spend

San Francisco Travel Association, the official destination marketing organization for the City and County of San Francisco, released 2023 visitor impact results and an updated 2024 forecast at its annual Marketing Conference held yesterday at

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CareEdge Ratings report forecasts continued revenue growth for hotels in FY25

CareEdge Ratings report forecasts continued revenue growth for hotels in FY25

CareEdge Ratings estimates that in FY24, hotel industry will end at RevPAR growth of 12-14 per cent on the high base of FY23. The robust resurgence in demand, coupled with the gradual alignment of supply

Total 54 new hotels signed in FY22: JLL

The hospitality sector has witnessed a significant increase in hotel signings in FY22, up 63% from the year-ago, according to a report by real estate consultancy JLL. In all, 54 hotels, with 4,282 rooms were

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