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Indian Hospitality Sector Steady in Recovery, December 2024 Sees Positive Momentum in Occupancy and ARR Growth

Indian Hospitality Sector Steady in Recovery, December 2024 Sees Positive Momentum in Occupancy and ARR Growth

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.

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‘We aim to maintain a base occupancy of 30%’ : Ganeshram Iyer, Hotel Manager, ibis Styles Mysuru

‘We aim to maintain a base occupancy of 30%’ : Ganeshram Iyer, Hotel Manager, ibis Styles Mysuru

In the bustling yet serene city of Mysuru, ibis Styles Mysuru has carved a niche for itself since its opening in August 2024. As a part of Accor’s globally recognized mid-market brand, the hotel offers

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Kolkata Restaurants See 20% Increase in Table Occupancy During Christmas and New Year Week

Kolkata Restaurants See 20% Increase in Table Occupancy During Christmas and New Year Week

Kolkata's fine dining restaurants and cafes witnessed more than 20% increase in table occupancy during the Christmas-New Year week compared to the corresponding period last year, a top official of the Hotel and Restaurant Association

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‘Our hotel has recorded 6% YOY growth in occupancy and 10% growth in ADR’

‘Our hotel has recorded 6% YOY growth in occupancy and 10% growth in ADR’

Radisson Blu is gearing up for substantial growth in Rajasthan and beyond, with a strategic focus on Udaipur as a prime location. In a conversation, with Asmita Mukherjee, Mahesh Singh Jasrotia, Vice President of Operations

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Festive Weekend Revives Shimla’s Tourism Sector with 45% Hotel Occupancy

Festive Weekend Revives Shimla’s Tourism Sector with 45% Hotel Occupancy

Shimla’s tourism sector received a much-needed boost over the festive weekend, as tourists flocked to the popular hill station for a holiday escape. The influx of visitors saw hotel occupancy rates soar to around 40-45%,

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IHG Hotels Rides Tourism Boom, Shifts Focus to Luxury Experiences

IHG Hotels Rides Tourism Boom, Shifts Focus to Luxury Experiences

IHG Hotels and Resorts, a prominent player in the hospitality industry, exceeded pre-pandemic performance in 2023, riding on exceptional growth within the tourism sector, according to a senior company representative. Headquartered in the UK, the

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