In 2023, around 54 percent of the over total brand signings on the Indian hotel market were in the segment of commercial destinations. This was a slight increase from the 53 percent share in 2022, the segment defended its leading position.
Share of market segmentation of hotel brand signings across India from 2018 to 2023, by number of keys
Characteristic
Commercial destinations
Leisure destinations
Mixed destinations
2023
54%
30%
9.5%
2022
53%
41%
6%
2021
50%
42%
8%
2020
49%
41%
10%
2019
63%
30%
7%
2018
58%
33%
9%
0%10%20%30%40%50%60%70%
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Anarock, & HVS Global Hospitality Services. (May 2, 2024). Share of market segmentation of hotel brand signings across India from 2018 to 2023, by number of keys [Graph]. In Statista. Retrieved May 02, 2025, from https://www.statista.com/statistics/1104573/india-market-segmentation-of-hotel-brand-signings/
Anarock, und HVS Global Hospitality Services. "Share of market segmentation of hotel brand signings across India from 2018 to 2023, by number of keys." Chart. May 2, 2024. Statista. Accessed May 02, 2025. https://www.statista.com/statistics/1104573/india-market-segmentation-of-hotel-brand-signings/
Anarock, HVS Global Hospitality Services. (2024). Share of market segmentation of hotel brand signings across India from 2018 to 2023, by number of keys. Statista. Statista Inc.. Accessed: May 02, 2025. https://www.statista.com/statistics/1104573/india-market-segmentation-of-hotel-brand-signings/
Anarock, and HVS Global Hospitality Services. "Share of Market Segmentation of Hotel Brand Signings across India from 2018 to 2023, by Number of Keys." Statista, Statista Inc., 2 May 2024, https://www.statista.com/statistics/1104573/india-market-segmentation-of-hotel-brand-signings/
Anarock & HVS Global Hospitality Services, Share of market segmentation of hotel brand signings across India from 2018 to 2023, by number of keys Statista, https://www.statista.com/statistics/1104573/india-market-segmentation-of-hotel-brand-signings/ (last visited May 02, 2025)
Share of market segmentation of hotel brand signings across India from 2018 to 2023, by number of keys [Graph], Anarock, & HVS Global Hospitality Services, May 2, 2024. [Online]. Available: https://www.statista.com/statistics/1104573/india-market-segmentation-of-hotel-brand-signings/
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