While occupancy rates in FY26 are likely to be supported by business events and leisure travel, they are likely to be dampened by potential economic slowdowns if the trade wars were to prolong.
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.
