HVS ANAROCK MONITOR, March 2026
This is a monthly industry update that highlights the key trends in the Indian hospitality industry.
India's hotel sector posted strong March performance with occupancy above 75% and double-digit ADR growth driven by wedding, MICE, and corporate demand.
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:
March 2026:
India’s hotel sector performance showed tremendous growth over both the previous month and March 2025, supported by not just the wedding season, but also Corporate and MICE demand.
March 2026 witnessed some of the highest ARRs across the country, with most markets showing a double-digit year-on-year growth.
Most markets recorded occupancy rates of above 75%, thanks to the booming wedding, MICE, and corporate demand across the country.
March 2026 also showed consecutive performance growth for Goa, as the market moves towards recovery.
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.