Statistics

RevPAR down, but investors keen

India’s hospitality industry has witnessed a decline of 52.8 per cent in RevPAR during January to September 2020 over the same period last year due to the impact of the COVID-19 pandemic, according to a JLL report. JLL’s ‘Hotel Momentum India (HMI) Q3 2020’ report, a quarterly hospitality sector monitor, …

Read More »

Travel gains momentum in India

In its latest study titled ‘Rethink Travel Global Survey – India insights 2020’, Amadeus decodes ways to re-ignite traveller confidence, while addressing the biggest concerns they have right now, to ultimately ensure that travel continues to be a key driver of global progress, positivity and prosperity. By the end of …

Read More »

World affected by COVID-19

The travel setback caused by COVID-19 outbreak has now spread beyond China, with other parts of Asia Pacific experiencing a 10.5 per cent drop in outbound travel bookings for March and April, reveals ForwardKeys. The Chinese outbound market has been severely affected by COVID-19 and resultantly, the global tourism industry …

Read More »

‘Prepare for wave of Chinese tourists’

Professor Dr. Wolfgang Georg Arlt, CEO, COTRI, explains how recovery from COVID-19 is possible April onwards. Professor Dr. Wolfgang Georg Arlt provides a different perspective on the recovery and growth of outbound tourism from China post the COVID-19 outbreak in December last year. He says that past numbers are proof …

Read More »

More planes for Indian airlines

In a recent forecast by Boeing, Indian airlines are expected to order as many as 2,100 planes worth US$290 billion over the next 20 years. As per a study by FICCI-Yes Bank report titled ‘Opportunities and Financing Outlook for Aviation Sector’, this increase is led by strong passenger demand, low …

Read More »

Mobiles dominate travel buys

With the app economy gaining prominence and hotels increasingly encouraging consumers to have direct transactions, the role of mobile in hotel bookings is expected to increase. As per a study by KPMG-Facebook, 9 out of 10 bookings in the hotel category are expected to be mobile-influenced by 2022. The findings …

Read More »

Eyes on long haul markets

The majority of India’s inbound tourists (60.6 per cent) are from long haul source markets, that is, greater than six hours’ flights, according to a latest report by CAPA India research and analysis. Share of long, medium and short-haul source markets in total FTAs – India vs competitors’ average vs …

Read More »

Mumbai tops in hotel occupancy

Mumbai is leading in terms of hotel occupancy (74.2 per cent), according to a recent report by HVS Global Hospitality Services. As expected in the second year of the up-cycle, all major markets tracked witnessed an increase in revenue per available room (RevPAR) except Agra. Interesting to note, Noida saw …

Read More »

65.6% occupancy for hotels

The nationwide occupancy for all branded hotels was 65.6% in 2016-17. The hotels that have existed since 2012-13 achieved 68.4% occupancy last year, according to a report by HVS Global Hospitality Services. Hotels that have been operating since 2013-14 clocked 67.9 per cent occupancy in 2016-17. On the average rate …

Read More »