In the financial year 2023, the average rate for five-star hotels rooms across India amounted to 91 U.S. dollars, an increase from the previous year. Furthermore, an overall decrease in the average room rates of the hotels was noted from the financial year 2010 in the country.
Average room rate in five-star hotels across India from financial year 2010 to 2023
(in U.S. dollars)
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Average room rate in U.S. dollars
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*Value for FY 2021 has been modified based on the data collected for FY 2022.
Note: India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.
One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of October 2023).
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Hotelivate. (September 10, 2023). Average room rate in five-star hotels across India from financial year 2010 to 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/722789/five-star-hotels-average-rate-india/
Hotelivate. "Average room rate in five-star hotels across India from financial year 2010 to 2023 (in U.S. dollars)." Chart. September 10, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/722789/five-star-hotels-average-rate-india/
Hotelivate. (2023). Average room rate in five-star hotels across India from financial year 2010 to 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/722789/five-star-hotels-average-rate-india/
Hotelivate. "Average Room Rate in Five-star Hotels across India from Financial Year 2010 to 2023 (in U.S. Dollars)." Statista, Statista Inc., 10 Sep 2023, https://www.statista.com/statistics/722789/five-star-hotels-average-rate-india/
Hotelivate, Average room rate in five-star hotels across India from financial year 2010 to 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/722789/five-star-hotels-average-rate-india/ (last visited August 25, 2024)
Average room rate in five-star hotels across India from financial year 2010 to 2023 (in U.S. dollars) [Graph], Hotelivate, September 10, 2023. [Online]. Available: https://www.statista.com/statistics/722789/five-star-hotels-average-rate-india/