In fiscal year 2023, the average hotel room rate in the Indian city of Mumbai amounted to over nine thousand Indian rupees, a decline compared to the previous year. The rates peaked in 2023, after a significant drop in FY 2021 and FY 2022.
Average rate of hotel rooms across Mumbai, India from financial year 2016 to 2023
(in Indian rupees)
*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.
One Indian rupee is equal to 0.011 euros and 0.012 U.S. dollars (as of November 2023).
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Hotelivate. (October 9, 2023). Average rate of hotel rooms across Mumbai, India from financial year 2016 to 2023 (in Indian rupees) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/724291/hotel-average-rate-in-mumbai-india/
Hotelivate. "Average rate of hotel rooms across Mumbai, India from financial year 2016 to 2023 (in Indian rupees)." Chart. October 9, 2023. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/724291/hotel-average-rate-in-mumbai-india/
Hotelivate. (2023). Average rate of hotel rooms across Mumbai, India from financial year 2016 to 2023 (in Indian rupees). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/724291/hotel-average-rate-in-mumbai-india/
Hotelivate. "Average Rate of Hotel Rooms across Mumbai, India from Financial Year 2016 to 2023 (in Indian Rupees)." Statista, Statista Inc., 9 Oct 2023, https://www.statista.com/statistics/724291/hotel-average-rate-in-mumbai-india/
Hotelivate, Average rate of hotel rooms across Mumbai, India from financial year 2016 to 2023 (in Indian rupees) Statista, https://www.statista.com/statistics/724291/hotel-average-rate-in-mumbai-india/ (last visited November 12, 2024)
Average rate of hotel rooms across Mumbai, India from financial year 2016 to 2023 (in Indian rupees) [Graph], Hotelivate, October 9, 2023. [Online]. Available: https://www.statista.com/statistics/724291/hotel-average-rate-in-mumbai-india/
