India's hospitality industry has witnessed a growth of 15.8% in RevPAR from October to December (Q4 2023) over the same period last year.
JLL's 2024 Global Hotel Investment Outlook outlines the resilience and growth of the hotel sector as consumers continue to prioritize spending on travel
Well-performing hotels within Metro Manila and government initiatives will likely cushion increased vacancy levels caused by supply expansion.
Hotel operators are looking to ride the boom in domestic travel
JLL releases Global Hotels Investor Sentiment Survey
India’s hospitality industry has witnessed a growth of 15.1% in RevPAR from July to September (Q3 2023) over the same period last year. Furthermore, the sector witnessed a marginal 4.5% decline at pan-India level in RevPAR in Q3 2023 as compared to Q2 2023.
A significant rebound in hotel investment volumes.
India’s hospitality industry has witnessed a growth of 15.4% in RevPAR from January to June (Q2 2023) over the same period last year.