In the financial year 2023, the average occupancy of hotels that already existed in the financial year 2019 was 68.8 percent in India. An increase in the occupancy rate of these hotels was observed as compared to that of the previous financial year.
Average occupancy rate existing hotels in India from financial year 2016 to financial year 2023
Characteristic
Existing hotels in FY 2016/17
Existing hotels in FY 2017/18
Existing hotels in FY 2018/19
Existing hotels in FY 2019/20
Existing hotels in FY 2020/21
Existing hotels in FY 2021/22
Hotels first operating in FY 2022/23
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Hotelivate. (October 9, 2023). Average occupancy rate existing hotels in India from financial year 2016 to financial year 2023 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1279382/india-average-occupancy-rate-of-existing-hotels/
Hotelivate. "Average occupancy rate existing hotels in India from financial year 2016 to financial year 2023." Chart. October 9, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1279382/india-average-occupancy-rate-of-existing-hotels/
Hotelivate. (2023). Average occupancy rate existing hotels in India from financial year 2016 to financial year 2023. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1279382/india-average-occupancy-rate-of-existing-hotels/
Hotelivate. "Average Occupancy Rate Existing Hotels in India from Financial Year 2016 to Financial Year 2023." Statista, Statista Inc., 9 Oct 2023, https://www.statista.com/statistics/1279382/india-average-occupancy-rate-of-existing-hotels/
Hotelivate, Average occupancy rate existing hotels in India from financial year 2016 to financial year 2023 Statista, https://www.statista.com/statistics/1279382/india-average-occupancy-rate-of-existing-hotels/ (last visited August 24, 2024)
Average occupancy rate existing hotels in India from financial year 2016 to financial year 2023 [Graph], Hotelivate, October 9, 2023. [Online]. Available: https://www.statista.com/statistics/1279382/india-average-occupancy-rate-of-existing-hotels/