In fiscal year 2023, the hotel occupancy rate in the southern city of Bengaluru was about 65 percent. This was an increase compared to the previous year's occupancy rate of about 40.5 percent. In recent years the occupancy rate in Bengaluru had been fluctuating around 60 percent.
Occupancy rate in hotel rooms across Bengaluru in India from financial year 2010 to 2023
*Value for FY 2021 has been modified based on the data collected for FY 2022.
India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.
Occupancy rate is the ratio of rented or used rooms to the total number of available rooms.
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Hotelivate. (October 9, 2023). Occupancy rate in hotel rooms across Bengaluru in India from financial year 2010 to 2023 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/723521/hotel-occupancy-rate-in-bengaluru-india/
Hotelivate. "Occupancy rate in hotel rooms across Bengaluru in India from financial year 2010 to 2023." Chart. October 9, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/723521/hotel-occupancy-rate-in-bengaluru-india/
Hotelivate. (2023). Occupancy rate in hotel rooms across Bengaluru in India from financial year 2010 to 2023. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/723521/hotel-occupancy-rate-in-bengaluru-india/
Hotelivate. "Occupancy Rate in Hotel Rooms across Bengaluru in India from Financial Year 2010 to 2023." Statista, Statista Inc., 9 Oct 2023, https://www.statista.com/statistics/723521/hotel-occupancy-rate-in-bengaluru-india/
Hotelivate, Occupancy rate in hotel rooms across Bengaluru in India from financial year 2010 to 2023 Statista, https://www.statista.com/statistics/723521/hotel-occupancy-rate-in-bengaluru-india/ (last visited December 21, 2024)
Occupancy rate in hotel rooms across Bengaluru in India from financial year 2010 to 2023 [Graph], Hotelivate, October 9, 2023. [Online]. Available: https://www.statista.com/statistics/723521/hotel-occupancy-rate-in-bengaluru-india/