occupancy change revpar change in key markets
TRANSCRIPT
33-35%
49-51%
66-68%
NOV2020
29-31%
59-61%
71-73%
SEP2020
31-33%
47-49%
64-66%
OCT2020
27-29%
31-33%
50-52%
DEC2020
Domestic air passenger tra�c improved by over 15% in Dec 2020 compared to the previous month, as the government allowed airlines to operate at 80% of their pre-COVID capacity.
The Christmas & New Year holiday season brought cheer to the Indian hotels sector, as it reported its highest performance since the beginning of the pandemic.
Goa continued to be the top travel destination in the country recording occupancy over 60% during the month. The growing demand also helped push ADR in Goa closer to pre-pandemic levels.
Pune, Kolkata & Bengaluru witnessed the highest increase in occupancy in Dec 2020 compared to the previous month.
Occupancy Change1
India & Other Key Asian Markets
1 Occupancy % change December 2020 vs December 2019
Hotels SectorKey Stats (India Average)
ADR
Occupancy
RevPAR
By PropertiesBy Keys
Branded Hotels2
Source: HVS Research
RevPAR Change in Key MarketsY-o-Y (%) Dec 2020
Source: HVS Research
2 Data collated by HVS from 19 Hotel Operators as of 25th January 2021
20-40%
Chennai
BengaluruKochi
Goa
Kolkata
Pune
MumbaiHyderabad
Key Highlights
Y-o-Y(%)
New Delhi
1
2
₹4,400 - ₹4,600
45% - 47%
₹1,980 - ₹2,162
DEC2020
India 31-33%
Thailand 63-65%
China 6-8%
Malaysia 50-52%
Singapore 8-10%
ADR
Occupancy
RevPAR
3
M-o-M(%)
6-8%
27-29%
36-38%
4
Company4
IHCLEIHChalet HotelsLemon Tree HotelsMahindra Holidays & Resorts
Previous Close (₹)
120.190.2183.140.2215.2
Market Cap (₹ Cr)
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52-week High (₹)
150.5150.0372.0
64.1244.7
52-week Low (₹)
62.153.699.013.8
122.0
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Share Price Movement3
Source: BSE website3 Share movements data as on 1st January 20214 Company names have been abbreviated
40-60%60-80%80-100% Chandigarh
Sig
ning
s
Q4 2020Q3 2020
5228
3,9652,550
2213
1,9031,273
Op
enin
gs