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 December 22, 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 December 22, 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: December 22, 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 December 22, 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/