In fiscal year 2023, the hotel occupancy rate in the southern city of Chennai amounted to 69 percent. This was an increase compared to the previous year's occupancy rate of about 52 percent. In recent years the occupancy rate in Chennai has been fluctuating between 55 and 65 percent.
Occupancy rate in hotel rooms across Chennai 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 Chennai in India from financial year 2010 to 2023 [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/723524/hotel-occupancy-rate-in-chennai-india/
Hotelivate. "Occupancy rate in hotel rooms across Chennai in India from financial year 2010 to 2023." Chart. October 9, 2023. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/723524/hotel-occupancy-rate-in-chennai-india/
Hotelivate. (2023). Occupancy rate in hotel rooms across Chennai in India from financial year 2010 to 2023. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/723524/hotel-occupancy-rate-in-chennai-india/
Hotelivate. "Occupancy Rate in Hotel Rooms across Chennai in India from Financial Year 2010 to 2023." Statista, Statista Inc., 9 Oct 2023, https://www.statista.com/statistics/723524/hotel-occupancy-rate-in-chennai-india/
Hotelivate, Occupancy rate in hotel rooms across Chennai in India from financial year 2010 to 2023 Statista, https://www.statista.com/statistics/723524/hotel-occupancy-rate-in-chennai-india/ (last visited December 04, 2024)
Occupancy rate in hotel rooms across Chennai in India from financial year 2010 to 2023 [Graph], Hotelivate, October 9, 2023. [Online]. Available: https://www.statista.com/statistics/723524/hotel-occupancy-rate-in-chennai-india/
