Hotels clock 100% YoY growth in RevPar in last qtr of Calendar 2021: JLL

Indian hospitality industry is currently on a positive upward trajectory with traveller confidence backed by improved vaccination rates, and ease of travel restrictions, says JLL paper

Hotels ended the calendar year 2021 on a positive note. A high occupancy during the Christmas and New Year holidays helped India’s hospitality sector clock a Revenue Per Available Room (RevPAR) growth of 100.3 per cent year-on-year (YoY) in Q4, 2021, according to JLL’s Hotel Momentum India (HMI), released on Monday. It also rose 41.9 per cent quarter-on-quarter

The Indian hospitality industry is currently on a positive upward trajectory with traveller confidence backed by improved vaccination rates, and ease of travel restrictions, it said.

Even as the latter part of the quarter saw some impact of the Omicron wave, it was the