As of August 2020, hoteliers in India assumed an average daily rate (ADR) of 4,850 Indian rupees for the that year. This was a decrease by nearly 20 percent compared to the previous year. The lockdown and travel restrictions imposed due to the coronavirus (COVID-19) pandemic made up the chunk of the reason for the decrease. Before the pandemic, the ADR in hotels across India was at nearly 6,000 Indian rupees.
Nevertheless, hoteliers had been optimistic about the recovery of their businesses. They anticipated to reach the pre-pandemic level by 2022 or 2023.
COVID-19 impact on average daily rate of hotels in India in 2018 and 2019, with forecasts until 2024
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HVS Global Hospitality Services. (August 20, 2020). COVID-19 impact on average daily rate of hotels in India in 2018 and 2019, with forecasts until 2024 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1220940/india-anticipated-average-daily-rate-in-hotels-after-covid-crisis/
HVS Global Hospitality Services. "COVID-19 impact on average daily rate of hotels in India in 2018 and 2019, with forecasts until 2024." Chart. August 20, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1220940/india-anticipated-average-daily-rate-in-hotels-after-covid-crisis/
HVS Global Hospitality Services. (2020). COVID-19 impact on average daily rate of hotels in India in 2018 and 2019, with forecasts until 2024. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1220940/india-anticipated-average-daily-rate-in-hotels-after-covid-crisis/
HVS Global Hospitality Services. "Covid-19 Impact on Average Daily Rate of Hotels in India in 2018 and 2019, with Forecasts until 2024." Statista, Statista Inc., 20 Aug 2020, https://www.statista.com/statistics/1220940/india-anticipated-average-daily-rate-in-hotels-after-covid-crisis/
HVS Global Hospitality Services, COVID-19 impact on average daily rate of hotels in India in 2018 and 2019, with forecasts until 2024 Statista, https://www.statista.com/statistics/1220940/india-anticipated-average-daily-rate-in-hotels-after-covid-crisis/ (last visited November 22, 2024)
COVID-19 impact on average daily rate of hotels in India in 2018 and 2019, with forecasts until 2024 [Graph], HVS Global Hospitality Services, August 20, 2020. [Online]. Available: https://www.statista.com/statistics/1220940/india-anticipated-average-daily-rate-in-hotels-after-covid-crisis/
