 "Luxury Hotels")
Goa has overtaken the financial hub — Mumbai — in average room rates of branded hotels. The tourist hub has seen the eighth consecutive increase in both the average room rate and the revenue per available room (RevPAR) until 2017-18 (FY18). These key performance indicators grew even in the years when major domestic hotel markets saw pressure.
The average room rate for branded hotels in Goa increased by 4 per cent in FY18 to Rs 7,844 per night, against a rate of Rs 7,740 in Mumbai, where growth was less than 2 per cent. Mumbai had been the leader
The average room rate for branded hotels in Goa increased by 4 per cent in FY18 to Rs 7,844 per night, against a rate of Rs 7,740 in Mumbai, where growth was less than 2 per cent. Mumbai had been the leader
