In the financial year 2023, the average rate for a three-star hotel room in India was 48 U.S. dollars, a slight increase from the previous year. Despite the fluctuating average room rates across the country over the years, an overall decrease in the rate was noted from the financial year 2010.
Average room rate in three-star hotels across India from financial year 2010 to 2023
(in U.S. dollars)
*Value for FY 2021 has been modified based on the data collected for FY 2022.
Note:India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.
One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of October 2023).
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Hotelivate. (October 9, 2023). Average room rate in three-star hotels across India from financial year 2010 to 2023(in U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/722807/three-star-hotels-average-rate-india/
Hotelivate. "Average room rate in three-star hotels across India from financial year 2010 to 2023(in U.S. dollars)." Chart. October 9, 2023. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/722807/three-star-hotels-average-rate-india/
Hotelivate. (2023). Average room rate in three-star hotels across India from financial year 2010 to 2023(in U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/722807/three-star-hotels-average-rate-india/
Hotelivate. "Average Room Rate in Three-star Hotels across India from Financial Year 2010 to 2023(in U.S. Dollars)." Statista, Statista Inc., 9 Oct 2023, https://www.statista.com/statistics/722807/three-star-hotels-average-rate-india/
Hotelivate, Average room rate in three-star hotels across India from financial year 2010 to 2023(in U.S. dollars) Statista, https://www.statista.com/statistics/722807/three-star-hotels-average-rate-india/ (last visited November 10, 2024)
Average room rate in three-star hotels across India from financial year 2010 to 2023(in U.S. dollars) [Graph], Hotelivate, October 9, 2023. [Online]. Available: https://www.statista.com/statistics/722807/three-star-hotels-average-rate-india/
