According to HVS Anarock, Jun’23 was another strong month with hotel industry RevPAR of INR4,288 being 27% above Jun’19 (pre-Covid) levels and 13% above Jun’22 levels. For Q1FY24 overall (Apr-Jun’23), industry RevPAR is up 14% YoY with ARRs up 17% YoY and occupancies lower by 200bps YoY.