Revpar Growth News - Latest Updates & Headlines
Recovery in intl tourism will lead to 7-8% growth in revenue per room for Indian hospitality sector in FY26: Report
New Delhi, March 29: The Indian hospitality sector is set to continue its robust growth, with a projected 7-8 per cent increase in Revenue per Available Room (RevPAR) for FY26, according to a report by CareEdge Ratings.
Hotel transactions in India reach Rs 2,900 crore in 2024, tier 2 and 3 cities lead
Mumbai, March 25: Hotel transactions in 2024 reached approximately Rs 2,900 crore in India and interestingly, tier 2 and 3 cities accounted for 50 per cent of the transactions, predominantly involving unbranded midscale properties, a report showed on Tuesday.