80% and counting: Hotel occupancy gain strength in Delhi, Mumbai

A slowdown in addition of new supplies along with a growing travel sector has combined to push up the occupancy in hotels

Hotel occupancy in the country’s top two markets, Delhi and Mumbai, has hit 80 per cent in January-March, after over a decade. Occupancy in Delhi in 2016-17 was 70 per cent and around 75 per cent in Mumbai. 

Occupancy is the percentage of days for which rooms are booked in a given period. An 80 per cent occupancy implies that rooms were booked for five to six days a week in most branded hotels in these two cities. 

The increase in occupancy was due to growing demand from business and leisure travellers and a slowdown in addition of new hotel