Open for business

2024-04-23

The Indian hospitality industry is on a roll. 2023 saw a record number of hotel signings and openings: 25,176 keys were signed and 12,647 keys were opened, taking the branded keys inventory to ~ 207,000, up from ~ 94,000 a decade ago, with a more equitable distribution across most segments, reports Jaideep Dang, Managing Director, Hotels and Hospitality Group, India, JLL.

Hotel investments touched $401 million, nearly four-fold the volume witnessed in 2022. Last year also saw 22 hotel assets traded, the most in the previous decade, and three hotel companies successfully debuting on the stock market through their Initial Public Offerings...

To read the full story, CLICK HERE
Tags :
branded hospitality industry hotel signings Jaideep Dang Hotels and Hospitality JLLGroup Hotel investments RevPAR Radisson Accor Marriott Hyatt Anshuman Magazine Dhruva Rathore Hyatt Ronil Goa Aniruddh Kumar Notable Accor Group Styles Bengaluru Airport Varun Marriott International Ritz-Carlton Amila Hills JW Marriott Surat Resort Hyatt Regency Hyatt Place Hyatt Centric Hebbal Bengaluru Ballygunge Kolkata. Varun Group JLL’s Hotel Investment Trends India 2023 u

RECENT POSTS

CW-India 2026-05-25

RAHSTA Awards 2026 Opens Nominations for Smart Road Innovations

CW-India 2026-05-25

Mumbai Port Targets 80 Million Tonnes Cargo

CW-India 2026-05-25

PVV Infra Targets 13 NHAI Way Side Amenities Projects

Equipment 2026-05-25

MANN+HUMMEL Opens Tumkur Innovation Centre

Equipment 2026-05-25

Second TBM Lowered for Mumbai Tunnel Project

Popular Tags

Construction Equipment Reports Events Construction Equipment Reports Events

Folliow us

Related Stories

CW-India 2026-05-25

PVV Infra Targets 13 NHAI Way Side Amenities Projects

PVV Infra has outlined an accelerated growth strategy focused on National Highways Authority of India (NHAI) Way Side Amenities (WSA), positionin...

Read More
CW-India 2026-05-25

Hindalco Posts Record Revenue and EBITDA

Hindalco Industries, the Aditya Birla Group’s metals flagship, reported its highest-ever consolidated revenue and EBITDA for the quarter and year...

Read More
CW-India 2026-05-25

Panattoni India Announces Rs 1.5 Billion Hyderabad Hub

Panattoni, a global industrial real estate developer, has announced its entry into Hyderabad with a Rs 1.5 billion advanced manufacturing project...

Read More

Reach out to us

Call Abin Antony
+91 8424 045 185 /
91-22-31033000

Schedule a Call Back