Hotels, Restaurants & Tourism
Hotels, Restaurants & Tourism
SECTOR | 05 Jun 2025
IDBI Capital
In our monthly Hotels update we have summarized key events of the domestic hotel industry, new hotels signing/addition by key players during the month and pricing trend of key cities for May, 2025. We have analyzed pricing of 171 hotels with ~33,000 keys across 8 cities to understand the trend over last 24 months (Exhibit 1-8). The industry had another month of healthy ADR growth on YoY basis. However, on MoM prices declined as a seasonal phenomenon. We anticipate moderation in ADR as Q1 is a soft quarter compared to rest owing to extreme summer in the country. However, we maintain our positive outlook on domestic...
IDBI Capital released a Sector Update report for Hotels, Restaurants & Tourism on 05 Jun, 2025.
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