Hotel News

Where demand outpaces supply: 9.5% RevPAR growth forecast in Indian hotel industry in 2019 [Infographic]

India’s hospitality industry has seen a strong upswing in recent years and 2019 is looking to keep this trend going, according to a study by HVS ANAROCK.

Now that demand has finally outpaced supply on the subcontinent, HVS ANAROCK’s India Hospitality Industry Review 2018 predicts 9.5% revenue per available room (RevPAR) growth for 2019 which would bring this key performance indicator (KPI’s) growth to 17% since 2016.

Average daily rates (ADR) also saw a handsome increase of 6.25% in 2018, beating the long-term inflation rate of 4.5%.

Overall, 2019 started off strong for the…

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