HVS ANAROCK MONITOR, October 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:

September 2025:

• September 2025 recorded a healthy performance for the Indian hotel sector, with continued growth in ARR and stable occupancies, as demand from corporate travel and MICE segments gained momentum.
• Average rates in September 2025 continued on their upward trajectory, with various markets seeing double-digit growth.
• Occupancy at the national level recorded a slight year-on-year improvement, reflecting steady performance despite ongoing regional variations.

Q3 2025:

• In Q3 CY2025, the performance dipped slightly when compared to the previous quarter, largely due to the seasonal slowdown in the industry.

Download the report