In financial year 2021, the occupancy rate in midscale hotels in India was about 37 percent, while the overall average was about 34 percent during the measured time period. Due to the coronavirus (COVID-19) pandemic the hotel industry reported a sharp decline in occupancy rates across the country.
Occupancy rate in hotels across India in FY 2021, by category
Note: 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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Hotelivate. (April 23, 2021). Occupancy rate in hotels across India in FY 2021, by category [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/722857/hotel-occupancy-rate-by-category-india/
Hotelivate. "Occupancy rate in hotels across India in FY 2021, by category." Chart. April 23, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/722857/hotel-occupancy-rate-by-category-india/
Hotelivate. (2021). Occupancy rate in hotels across India in FY 2021, by category. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/722857/hotel-occupancy-rate-by-category-india/
Hotelivate. "Occupancy Rate in Hotels across India in Fy 2021, by Category." Statista, Statista Inc., 23 Apr 2021, https://www.statista.com/statistics/722857/hotel-occupancy-rate-by-category-india/
Hotelivate, Occupancy rate in hotels across India in FY 2021, by category Statista, https://www.statista.com/statistics/722857/hotel-occupancy-rate-by-category-india/ (last visited November 22, 2024)
Occupancy rate in hotels across India in FY 2021, by category [Graph], Hotelivate, April 23, 2021. [Online]. Available: https://www.statista.com/statistics/722857/hotel-occupancy-rate-by-category-india/
