Hospitality sector booms in 2024 with over 42,000 new hotel keys
The year 2024 saw approximately 25 deals, primarily involving operational properties in both business and leisure destinations.
The year 2024 saw approximately 25 deals, primarily involving operational properties in both business and leisure destinations.
The Q4 2024 saw substantial activity in hotel signings, with 99 new hotels totaling 11,943 keys being signed.
Hyderabad emerged as the RevPAR growth leader in Q3 2024 registering a growth of 23.6% over Q3 2023, followed by Chennai and Mumbai.