In 2023, 84 percent of brand singings on the Indian hotel market were management contracts. This was an increase from a share of 76 percent in 2019. Franchise contracts decreased by two percent in comparison to the last year.
Share of hotel management contracts across India from 2019 to 2023, by number of keys
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HVS Global Hospitality Services, & Anarock. (May 2, 2024). Share of hotel management contracts across India from 2019 to 2023, by number of keys [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/
HVS Global Hospitality Services, und Anarock. "Share of hotel management contracts across India from 2019 to 2023, by number of keys." Chart. May 2, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/
HVS Global Hospitality Services, Anarock. (2024). Share of hotel management contracts across India from 2019 to 2023, by number of keys. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/
HVS Global Hospitality Services, and Anarock. "Share of Hotel Management Contracts across India from 2019 to 2023, by Number of Keys." Statista, Statista Inc., 2 May 2024, https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/
HVS Global Hospitality Services & Anarock, Share of hotel management contracts across India from 2019 to 2023, by number of keys Statista, https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/ (last visited August 25, 2024)
Share of hotel management contracts across India from 2019 to 2023, by number of keys [Graph], HVS Global Hospitality Services, & Anarock, May 2, 2024. [Online]. Available: https://www.statista.com/statistics/892991/india-hotel-management-contracts-share-by-number-of-keys/