HVS ANAROCK MONITOR, July 2025

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:

July 2025:

• June 2025 witnessed a stable performance for the Indian hotel sector, as early monsoon getaways and travel along new infrastructure corridors helped offset the impact of external disruptions, including the Air India Flight AI171 crash, the Bengaluru crowd tragedy, and ongoing geopolitical tensions.
• Average rates in June 2025 saw robust year-on-year growth, with double-digit gains in several cities.
• Occupancy trends in June 2025 displayed mixed performance across Indian markets, with overall marginal year-on-year improvement at the national level. However, regional disparities remained evident, driven by geopolitical uncertainty, early monsoon impact, and shifting travel patterns.

Q2 CY2025:

• The dip in Q2 CY2025 performance was largely driven by a seasonal slowdown and early monsoon impact, further compounded by external national incidents such as the Indo-Pak tensions and the Air India crash, which curtailed travel demand across key markets.