As per HVS Anarock, Mar’23 was another strong month with hotel industry RevPAR of ~Rs4,850 being 21% above Mar’19 (pre-Covid) levels. In Mar’23, Mumbai continued to clock the highest occupancy rate among cities at 77% followed by New Delhi at 75% while in ARR terms, Mumbai clocked over Rs11,000 followed by Goa at Rs10,000 and New Delhi at over Rs9,500.