31-33%
47-49%
64-66%
OCT2020
29-31%
60-62%
72-74%
AUG2020
29-31%
59-61%
71-73%
SEP2020
33-35%
49-51%
66-68%
NOV2020
Company4
IHCLEIHChalet HotelsLemon Tree HotelsMahindra Holidays &
Resorts
Previous Close (₹)
118.089.8
150.933.3191.2
Market Cap (₹ Cr)
14,324.65,625.23,088.72,772.82,564.9
52-week High (₹)
151.6158.5
395.065.8
244.7
52-week Low (₹)
62.153.699.013.8
122.0
Latest PublicationsHVS Monday Musings(Weekly Stories &
Trends)
COVID Cost Factor (CCF) – Are we willing tochange the status quo
in India?
DEC
07
Price wars in the Indian hotels sector during theCOVID era
DEC
14
Granting industry & infrastructure status to theIndian
hospitality sector is the need of the hour
DEC
21
Indian hotels sector – 2020 in reviewDEC
28
Domestic air passenger trac has improved by over 20% in November
2020 compared to October 2020, however, it is still 51% lower than
November 2019.
India-wide occupancy & ADR have continued to improve
month-on-month, primarily driven by the steady increase in demand
from domestic leisure travelers.
Chandigarh recorded the highest occupancy (over 60%) followed by
Goa (over 50%), during November 2020. Goa also recorded the highest
ADR during the month.
Meanwhile, Bengaluru and Pune continued to witness the lowest
occupancy (less than 30%) in the country.
Occupancy Change1India & Other Key Asian Markets
1 Occupancy % change November 2020 vs November 2019
Hotels SectorKey Stats (India Average)
ADR
Occupancy
RevPAR
By PropertiesBy Keys
Branded Hotels2Openings & Signings Nov 2020
Source: HVS Research & DGCA
RevPAR Change in Key MarketsY-o-Y (%) Nov 2020
Source: HVS Research
2 Data collated by HVS from 13 Hotel Operators as of 25th
December 2020
20-40%
Chennai
BengaluruKochi
Goa
Kolkata
Pune
MumbaiHyderabad
Key Highlights
Y-o-Y(%)
New Delhi
1
2
₹4,100 - ₹4,300
35% - 37%
₹1,435 - ₹1,591
NOV2020
India 49-51%
Thailand 65-67%
China 8-10%
Malaysia 69-71%
Singapore 11-13%
ADR
Occupancy
RevPAR
©2020 HVS ANAROCK Hotel Advisory Services Pvt. Ltd. All rights
reserved.t: +91 124 488 55 80
What We Offer CONSULTING &VALUATIONTRANSACTION
ADVISORYASSET
MANAGEMENTEXECUTIVE
SEARCH
Akash DattaSr. VP (South Asia)[email protected]
+91 98995 17404
Ajay MehtaniSr. VP (South Asia)[email protected]
+91 98110 54921
Mandeep S. LambaPresident (South Asia)[email protected]
+91 98113 06161
To know more,connect with us
Disclaimer: All information contained herein is from sources
deemed reliable. HVS ANAROCK makes no statement, representation,
warranty or guarantee as to the accuracy, reliability or timeliness
of the information provided.
Share Price Movement3
Source: BSE website3 Share movements data as on 1st December
20204 Company names have been abbreviated
India Hotels Outlook: Impact of COVID-19 1
India Hotels OutlookImpact of COVID-19
hvs.comanarock.com
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