Tuesday, August 8, 2023

India’s Hotel Scene Is a Tale of Two Trends

  • HVS Anarock¬†released their Hotels & Hospitality Overview for¬†India for the second quarter.
  • The Macao Government Tourism Office said Macau received over 93,000 daily visitors in the first three days of August, up from an average of 89,000 daily visitor arrivals in July.
  • The Tourism Authority of Thailand is turning its focus to the Middle East with the goal of attracting 400,000 visitors from the region this year

HVS Anarock released their Hotels & Hospitality Overview for India for the second quarter. While ADR was up 16%-18%, occupancy dropped 1-3 points. RevPAR was up 13%-15%. June saw the rates drop month on month but were still above pre-pandemic levels. For the month of June, the most growth in room occupancy was seen in the metro cities […]