As per HVS Anarock, industry occupancies fell below 50% in Jan’22 owing toOmicron impact before recovering to ~55% in Feb’22 and 61% in Mar’22. This momentum carried forward into Apr’22 with industry level occupancies reaching ~65% (same as Apr’19) pre-Covid levels and Apr’22 RevPAR at Rs3,803 or 103% of Apr’19 levels.