HVS ANAROCK MONITOR, February 2025
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
Photo by HVS
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:
January 2025:
- 2025 has begun on a strong note for the Indian hotel sector, with occupancy rising by 2-4 percentage points year-on-year (y-o-y) in January 2025.
- Average Room Rates (ARR) also continued their upward momentum, registering a 10-12% y-o-y growth, reaching ₹9,100-9,300. These increases have resulted in RevPARs also increasing by 15-17%, reaching ₹ 6,006-6,324, reflecting sustained demand and pricing power.
- January 2025 showed steady occupancy growth across most major markets, led by New Delhi, Bengaluru, and Pune, while Hyderabad and Chandigarh saw minor declines.
- In January 2025, ARR saw a general increase across most key markets, with Mumbai leading the growth with a significant year-on-year (y-o-y) rise.
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.