Market Report

HVS ANAROCK MONITOR, March 2025

March 31, 2025
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
Read the latest edition of the HVS ANAROCK monthly industry update, MONITOR (Monthly Overview of National Industry Trends and Hospitality Report), for the key trends in the Indian hospitality industry.

 

Key highlights include:

February 2025:
  • The Indian hotel sector continued its strong momentum in February 2025, with occupancy rising by 2-4 percentage points (pp) compared to the same period last year.
  • Average Room Rates (ARR) surged by 14-16% year-on-year (y-o-y), crossing the ₹10,000 mark, highlighting the sector’s strong pricing power. As a result, RevPAR saw a notable 19-21% y-o-y increase.
  • February witnessed continued occupancy growth across most major Indian hotel markets, with Chandigarh, Jaipur, Bengaluru, and Chennai leading the year-on-year gains.
  • In February 2025, ARR saw strong year-on-year growth across most major markets, with double-digit growth in 11 out of 13 cities.
 
Market Report

HVS ANAROCK MONITOR, March 2025

March 31, 2025
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
Read the latest edition of the HVS ANAROCK monthly industry update, MONITOR (Monthly Overview of National Industry Trends and Hospitality Report), for the key trends in the Indian hospitality industry.

 

Key highlights include:

February 2025:
  • The Indian hotel sector continued its strong momentum in February 2025, with occupancy rising by 2-4 percentage points (pp) compared to the same period last year.
  • Average Room Rates (ARR) surged by 14-16% year-on-year (y-o-y), crossing the ₹10,000 mark, highlighting the sector’s strong pricing power. As a result, RevPAR saw a notable 19-21% y-o-y increase.
  • February witnessed continued occupancy growth across most major Indian hotel markets, with Chandigarh, Jaipur, Bengaluru, and Chennai leading the year-on-year gains.
  • In February 2025, ARR saw strong year-on-year growth across most major markets, with double-digit growth in 11 out of 13 cities.