In 2020, hoteliers in India assumed an occupancy rate of 34.5 percent for the respective year. This was a decrease by over 30 percentage points compared to the previous year. Reasons for the significant decrease were a lockdown and travel restrictions imposed due to the coronavirus (COVID-19) pandemic. Previous to the pandemic, the occupancy rate in hotels across India was around 66 percent.
Nevertheless, hoteliers had been optimistic about the recovery of their businesses. They anticipated to reach the pre-pandemic level by 2022 or 2023.
Occupancy rate of hotels in India before the coronavirus (COVID-19) pandemic from 2018 to 2019, with forecasts until 2024
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HVS Global Hospitality Services. (August 20, 2020). Occupancy rate of hotels in India before the coronavirus (COVID-19) pandemic from 2018 to 2019, with forecasts until 2024 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1220898/india-anticipated-occupancy-in-hotels-after-covid-crisis/
HVS Global Hospitality Services. "Occupancy rate of hotels in India before the coronavirus (COVID-19) pandemic from 2018 to 2019, with forecasts until 2024." Chart. August 20, 2020. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1220898/india-anticipated-occupancy-in-hotels-after-covid-crisis/
HVS Global Hospitality Services. (2020). Occupancy rate of hotels in India before the coronavirus (COVID-19) pandemic from 2018 to 2019, with forecasts until 2024. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1220898/india-anticipated-occupancy-in-hotels-after-covid-crisis/
HVS Global Hospitality Services. "Occupancy Rate of Hotels in India before The Coronavirus (Covid-19) Pandemic from 2018 to 2019, with Forecasts until 2024." Statista, Statista Inc., 20 Aug 2020, https://www.statista.com/statistics/1220898/india-anticipated-occupancy-in-hotels-after-covid-crisis/
HVS Global Hospitality Services, Occupancy rate of hotels in India before the coronavirus (COVID-19) pandemic from 2018 to 2019, with forecasts until 2024 Statista, https://www.statista.com/statistics/1220898/india-anticipated-occupancy-in-hotels-after-covid-crisis/ (last visited November 04, 2024)
Occupancy rate of hotels in India before the coronavirus (COVID-19) pandemic from 2018 to 2019, with forecasts until 2024 [Graph], HVS Global Hospitality Services, August 20, 2020. [Online]. Available: https://www.statista.com/statistics/1220898/india-anticipated-occupancy-in-hotels-after-covid-crisis/
