Hoteliers in India assumed a revenue per available room (RevPAR) of 1,675 Indian rupees for 2020. This was a decrease by nearly 60 percent compared to the previous year. Reasons for the significant decrease were lockdowns and travel restrictions imposed due to the coronavirus (COVID-19) pandemic. Before the pandemic, RevPAR in hotels across India was at nearly 4,000 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 revenue per available room in hotels across India in 2018 and 2019, with forecasts until 2024
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HVS Global Hospitality Services. (August 20, 2020). COVID-19 impact on revenue per available room in hotels across India in 2018 and 2019, with forecasts until 2024 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1220947/india-anticipated-revpar-in-hotels-after-covid-crisis/
HVS Global Hospitality Services. "COVID-19 impact on revenue per available room in hotels across India in 2018 and 2019, with forecasts until 2024." Chart. August 20, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1220947/india-anticipated-revpar-in-hotels-after-covid-crisis/
HVS Global Hospitality Services. (2020). COVID-19 impact on revenue per available room in hotels across India in 2018 and 2019, with forecasts until 2024. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1220947/india-anticipated-revpar-in-hotels-after-covid-crisis/
HVS Global Hospitality Services. "Covid-19 Impact on Revenue per Available Room in Hotels across India in 2018 and 2019, with Forecasts until 2024." Statista, Statista Inc., 20 Aug 2020, https://www.statista.com/statistics/1220947/india-anticipated-revpar-in-hotels-after-covid-crisis/
HVS Global Hospitality Services, COVID-19 impact on revenue per available room in hotels across India in 2018 and 2019, with forecasts until 2024 Statista, https://www.statista.com/statistics/1220947/india-anticipated-revpar-in-hotels-after-covid-crisis/ (last visited December 21, 2024)
COVID-19 impact on revenue per available room in hotels across India in 2018 and 2019, with forecasts until 2024 [Graph], HVS Global Hospitality Services, August 20, 2020. [Online]. Available: https://www.statista.com/statistics/1220947/india-anticipated-revpar-in-hotels-after-covid-crisis/
