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HomeTravelIndian hospitality sector witnessed 90% YoY RevPAR growth in Q3 2022: JLL

Indian hospitality sector witnessed 90% YoY RevPAR growth in Q3 2022: JLL

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Bengaluru witnessed the best development in Income Per Obtainable Room (RevPAR) in July-September (Q3 2022) at 241.4 per cent. 54 lodges comprising 4,282 keys have been signed in Q3 2022. The lodge signings witnessed a major enhance of 63.2 per cent as in comparison with signings in Q3 2021. Worldwide operators dominated signings over home operators with a 53:47 ratio when it comes to stock quantity.


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