In 2020, the occupancy rate in hotels across India was 34.5 percent. The year started with an occupancy of 57 percent. That was significantly lower than in the first quarter of 2019, when nearly 70 percent of rooms were occupied. As a lockdown and travel restrictions were imposed in March that year due to the coronavirus (COVID-19) pandemic, the rates fell to 15 percent in the second quarter. Towards the end of that year, the occupancy slowly increased again.
Key indicators in hotel industry
Besides the occupancy rate other key indicators for the hotel industry included the revenue per available room (RevPAR) and the average daily room rate (ADR). The RevPAR shrunk from 3,700 Indian rupees in the first quarter to 533 rupees in the second quarter of 2020. The ADR decreased, similarly, from 6,400 Indian rupees to 3,400 in the same time period.
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Horwath HTL. (February 5, 2021). Coronavirus (COVID-19) impact on quarterly occupancy rate in hotels across India in 2020 [Graph]. In Statista. Retrieved October 08, 2024, from https://www.statista.com/statistics/1220349/india-hotel-occupancy-rate-covid-impact/
Horwath HTL. "Coronavirus (COVID-19) impact on quarterly occupancy rate in hotels across India in 2020." Chart. February 5, 2021. Statista. Accessed October 08, 2024. https://www.statista.com/statistics/1220349/india-hotel-occupancy-rate-covid-impact/
Horwath HTL. (2021). Coronavirus (COVID-19) impact on quarterly occupancy rate in hotels across India in 2020. Statista. Statista Inc.. Accessed: October 08, 2024. https://www.statista.com/statistics/1220349/india-hotel-occupancy-rate-covid-impact/
Horwath HTL. "Coronavirus (Covid-19) Impact on Quarterly Occupancy Rate in Hotels across India in 2020." Statista, Statista Inc., 5 Feb 2021, https://www.statista.com/statistics/1220349/india-hotel-occupancy-rate-covid-impact/
Horwath HTL, Coronavirus (COVID-19) impact on quarterly occupancy rate in hotels across India in 2020 Statista, https://www.statista.com/statistics/1220349/india-hotel-occupancy-rate-covid-impact/ (last visited October 08, 2024)
Coronavirus (COVID-19) impact on quarterly occupancy rate in hotels across India in 2020 [Graph], Horwath HTL, February 5, 2021. [Online]. Available: https://www.statista.com/statistics/1220349/india-hotel-occupancy-rate-covid-impact/