Occupancy rate in hotels in India 2000-2019

In fiscal year 2019, the occupancy rate of hotels in India was 66.7 percent, up by one percent from the previous year. Among the various types of hotels, four-star hotels had the highest occupancy at 67.5 percent, making it the highest in this decade.

Mumbai – a city that never sleeps

   Mumbai, the capital of Maharashtra, witnessed a slow-paced growth in the hotel industry in recent years mainly due to the changes in real estate policies and exorbitant land prices. Despite this, the financial and entertainment capital of India outpaced all other major markets in the country by achieving the highest occupancy rate and revenue per available room in 2019. With the availability of international convention centers like the Jio World Centre located in the heart of commercial district of Bandra-Kurla Complex, Mumbai was the preferred business location in the country.

Leading hotel company

In 2019, the Indian Hotels Company Limited stood out as India’s largest hospitality company by net sales. One of the first hotels opened by this company was the Taj Mahal hotel located in Mumbai. Opened almost a century ago, the Taj Mahal hotel has hosted some of the most illustrious guest from all over the world. Ever since the hotel has held on to the legacy of providing warm hospitality and world-class facilities. Well known for its grandeur, the Taj remains a hallmark of Indian hospitality year after year.

Occupancy rate in hotels in India from FY 2001 to FY 2019

Occupancy rate
FY 201966.7%
FY 201865.7%
FY 201764.8%
FY 201663.3%
FY 201559.8%
FY 201458.4%
FY 201357.8%
FY 201259.3%
FY 201160.6%
FY 201059.5%
FY 200959.5%
FY 200868.8%
FY 200771.4%
FY 200671.5%
FY 200569%
FY 200464.8%
FY 200357.2%
FY 200251.6%
FY 200157.2%
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Sources

Release date

September 2019

Region

India

Survey time period

FY 2001 to FY 2019

Number of respondents

1,068 respondents

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2018 started in April 2017 and ended in March 2018.

Occupancy rate is the ratio of rented or used rooms to the total number of available rooms.

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Statistics on "Travel and tourism in India"

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