In 2023, 84 percent of brand singings on the Indian hotel market were management contracts. This was an increase from a share of 76 percent in 2019. Franchise contracts decreased by two percent in comparison to the last year.
Share of hotel management contracts across India from 2019 to 2023, by number of keys
Characteristic
Managed
Franchised
Leased
Others
2023
84%
12%
2%
2%
2022
80%
14%
3.7%
2.3%
2021
79%
16%
3.5%
1.5%
2020
80%
17%
3%
-
2019
76%
14%
4%
6%
Created with Highcharts 7.2.2Share of brand signings76%76%80%80%79%79%80%80%84%84%14%14%17%17%16%16%14%14%12%12%4%4%3%3%3.5%3.5%3.7%3.7%2%2%6%6%1.5%1.5%2.3%2.3%2%2%ManagedFranchisedLeasedOthers20192020202120222023
0%20%40%60%80%100%
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HVS Global Hospitality Services, & Anarock. (May 2, 2024). Share of hotel management contracts across India from 2019 to 2023, by number of keys [Graph]. In Statista. Retrieved March 12, 2025, from https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/
HVS Global Hospitality Services, und Anarock. "Share of hotel management contracts across India from 2019 to 2023, by number of keys." Chart. May 2, 2024. Statista. Accessed March 12, 2025. https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/
HVS Global Hospitality Services, Anarock. (2024). Share of hotel management contracts across India from 2019 to 2023, by number of keys. Statista. Statista Inc.. Accessed: March 12, 2025. https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/
HVS Global Hospitality Services, and Anarock. "Share of Hotel Management Contracts across India from 2019 to 2023, by Number of Keys." Statista, Statista Inc., 2 May 2024, https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/
HVS Global Hospitality Services & Anarock, Share of hotel management contracts across India from 2019 to 2023, by number of keys Statista, https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/ (last visited March 12, 2025)
Share of hotel management contracts across India from 2019 to 2023, by number of keys [Graph], HVS Global Hospitality Services, & Anarock, May 2, 2024. [Online]. Available: https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/
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