ADR of rooms in Indian midscale hotels FY 2016-2023

Published by Statista Research Department, Aug 24, 2023
In financial year 2020, the average daily rate (ADR) of rooms in midscale hotels in India was over four thousand Indian rupees. The average daily room rates were predicted to dip down to under three thousand Indian rupees in financial year 2021, due to the impact of the coronavirus (COVID-19) pandemic. Nevertheless, the rates are expected to recover by 2023.

Average daily rate (ADR) of rooms in midscale hotels in India from financial year 2016 to 2020, with estimates until financial year 2023 (in 1,000 Indian rupees)

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Release date

April 2021

Region

India

Survey time period

FY 2016 to FY 2020

Supplementary notes

*predicted
**estimated

India's financial year begins in April and ends in March. For example, FY 2020 started in April 2019 and ended in March 2020.

One Indian rupee is equal to 0.014 U.S. dollars and 0.011 euros (as of May 2021).

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