
Key highlights include:
March 2025:- Following an exceptionally strong February, March 2025 marked a measured correction for the Indian hotel sector as performance eased month-on-month.
- Occupancy growth trends in March 2025 showed a mixed pattern across key Indian markets, with Bengaluru, Chennai, and Gurugram emerging as the top gainers in year-on-year growth.
- Almost all major hotel markets in India recorded strong year-on-year ARR growth, with double-digit increases in 10 out of 13 cities. Hyderabad led the pack and Goa & Kolkata witnessed declines.
- Indian hotel sector recorded a strong performance in Q1 CY2025 compared to the same period in the previous year.
- Compared to Q1 CY2024, all markets except Hyderabad recorded year-on-year occupancy growth, with the sharpest increases seen in Bengaluru.
- Barring Goa, all major markets recorded strong year-on-year growth in average rates during Q1 CY2025.
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