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:
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.
Q1 2025:
- 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.
About HVS
HVS, the world’s leading consulting and services organization focused on the hotel, mixed-use, shared ownership, gaming, and leisure industries, was established in 1980. The company performs 4,500+ assignments each year for hotel and real estate owners, operators, investors, banks and developers worldwide. HVS principals are regarded as the leading experts in their respective regions of the globe. Through a network of some 60 offices and more than 300 professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. hvs.com.
