5 days ago · Breaking News : Mahua gets ‘heritage liquor’ tag, to be served in MP Tourism bars and hotels NRAI launches is Chennai chapter Industry Status will he

Jan 15, 2025 · The Indian hospitality industry has witnessed remarkable growth over the past three years, driven by strong domestic tourism, rising disposable incomes, and a growing preference for experiential travel. Key metrics like occupancy, Average Daily Rate (ADR), and Revenue per Available Room (RevPAR) have consistently improved, with a 3% rise in occupancy, 7.5% growth in ADR, and 10.5% increase in ...

5 days ago · The Indian hospitality industry has continued its steady recovery, with December 2024 reflecting year-on-year growth in occupancy rates and average room rates (ARR), according to the latest HVS-ANAROCK Hotels & Hospitality Monitor – January 2025. While the sector is edging closer to pre-COVID levels, significant variations in performance were observed across key markets. Occupancy rates for ...

The Indian hotel industry has much to celebrate as it looks toward a thriving 2026, buoyed by high-profile events and growing travel demand. From the Aero Show and the World Audio-Visual & Entertainment Summit in Bengaluru to the Maha Kumbh, the calendar is packed with events expected to boost occupancy and revenue. Additionally, premium room rates in India remain competitive globally, giving ...

As the Indian hospitality sector prepares to welcome 2025, it stands at the cusp of remarkable growth, driven by rising domestic travel and an anticipated resurgence in foreign tourist arrivals. Industry experts predict that international arrivals will surpass pre-COVID levels next year, while the sector continues to make a significant contribution to the nation’s economy, underscoring its ...

4 days ago · “The Union Budget 2025 has outlined a set of impactful initiatives that will play a pivotal role in boosting India’s tourism sector, underscoring the government’s dedication to advancing the travel and hospitality industry. Key measures, includian visa-free access for specific foreign groups, simplified e-visa procedures, and the expansion of the UDAN scheme to 120 new destinations, will ...

Jan 7, 2025 · ICRA expects the revenues of the Indian hospitality industry to grow by 7-9% YoY in FY2025 and 6-8% YoY in FY2026, over the high base of FY2024. Further, ICRA e

Oct 3, 2024 · The hospitality sector is experiencing an upcycle, driven by strong domestic demand and favorable demographics, despite a decline in international tourist inflows. With supply trailing demand, investments in infrastructure and connectivity are on the rise, pushing average revenue per room (RevPAR) growth to 8-9% this fiscal, following a 14% increase last year. The industry, which currently has ...

Branded hotels across India achieved a room occupancy rate of 67.5%, the highest since FY 2008, and recorded the highest-ever average daily rate (ADR) of INR8,055 in FY 2024, highlighting significant growth in the hospitality sector, according to a report by consultancy Hotelivate. The sector’s growth was bolstered by a 9.2% increase in room inventory during FY 2024, with over 15,200 rooms ...

Goa’s Hotels at Full Capacity, Social Media Misinforming Public: Goa CM January 2, 2025 Goa's Chief Minister, Pramod Sawant, rejected claims that the state's tourism sector was suffering due to a decline in visitors. Highlighting that all hotels were fully booked, Sawant criticized social media influencers for spreading misinformation,Hospitality Biz India: Latest News & Analysis -