Hotels in India registered a robust growth of 8.8% growth in the month of April 2015 over the corresponding month last year. The occupancy in Indian hotels were 61.7% in April, 2015. Despite the occupancy growth, the average daily rate (ADR) declined 0.6% to Rs 5,400.37. But at the same time RevPAR had shown an improvement of 8.1% to Rs 3,331. 14, according to the report. As per the STR report, National Capital Region Delhi (NCR Delhi) hotels have performed above the national average in occupancy to register 14.7% growth at 64.7 percent.
Published In: Hospitality Biz India