Hotel And Restaurant Association (Western India)’s Post

India's hospitality sector saw a record investment of $401 million in the financial year 2023, nearly a fourfold increase from the previous year, according to a new report by JLL. The sector has been witnessing a significant surge since 2023, with a record number of hotel signings and openings — 25,176 keys signed and 12,647 keys opened, stated the report titled 'Hotel Investment Trends - India 2023'. "There is an increasing interest in hotel development activity in Tier-II cities, with 54 per cent of the total signings taking place in these locations," it said. The year also achieved a significant milestone of 22 hotel transactions, which is the largest number of assets traded in the last decade, added the report. Greenfield projects in the year, totalling approximately 13,600 keys, also surpassed the 2022 numbers of 8,000 keys, showcasing the hotel developers' confidence in the long-term potential of the sector. Three hotel companies also successfully debuted on the bourses in the year gone by. High Net Worth Individuals (HNIs) and Institutional Capital played a major role in hotel investment activity during 2023, accounting for its largest share at 31 per cent, while real estate developers accounted for 27 per cent, followed by owner operations at 11 per cent. "The year 2023 has been a record year not only in terms of hotel investments but also in terms of new branded hotel openings and signings. Furthermore, 2024 has started with strong tailwinds as we saw prominent hotel deals early on in this year," said Jaideep Dang, managing director, Hotels and Hospitality Group, India, JLL. The first quarter of 2024 has witnessed an 80 per cent year-on-year increase in hotel transaction volumes, reaching $78 million, the report further said. #hospitality #travel #economy #growth #revenuetrends

India hotels attract US$93 mn investment in H1 ’24: JLL The Indian hospitality sector continues to flourish, demonstrating resilience and robust growth in the first half of 2024, according to JLL’s latest Hotel Investment Trends report. With hotel investments reaching US$93 million, this marks a significant 22 per cent increase compared to the same period in 2023, reflecting renewed investor confidence and a strategic pivot towards the hospitality market. Read More:- https://lnkd.in/gRSZQ8D5 #HotelInvestment #HospitalityIndustry #IndianHotels #RealEstateInvestment #HospitalityGrowth #InvestmentTrends #IndiaMarket #JLLReport #BusinessGrowth #HotelSector

India hotels attract US$93 mn investment in H1 ’24: JLL The Indian hospitality sector continues to flourish, demonstrating resilience and robust growth in the first half of 2024, according to JLL’s latest Hotel Investment Trends report. With hotel investments reaching US$93 million, this marks a significant 22 per cent increase compared to the same period in 2023, reflecting renewed investor confidence and a strategic pivot towards the hospitality market. Read More:- https://lnkd.in/gCiXH-tw #HotelInvestment #HospitalityIndustry #IndianHotels #RealEstateInvestment #HospitalityGrowth #InvestmentTrends #IndiaMarket #JLLReport #BusinessGrowth #HotelSector

The hospitality sector in India is booming as people are traveling like never before. There is a surge in both business and leisure travel and this, along with a wide gap in supply and demand of hotel rooms, had led to a buoyancy in room rates. Hotel stocks have registered a sharp increase in the last fiscal year and valuations are also high. Not surprisingly global players are investing in this sector and #Blackstone, the largest alternatives asset manager, has also decided to dip exploratory toes into the sector. #hotels #hospitality https://lnkd.in/dAQQaX2e

📖 *Weekend Knowledge Series* 🏨 Sector in Focus: Hotel Sector . The Indian hospitality sector was valued at approximately USD 32.10 billion, with projections indicating a CAGR of 10.5% from 2024 to 2030. This growth is expected to push the market size to an estimated USD 59.44 billion by 2030. . In mid 2024 alone, domestic hotel investment transactions reached $93 million. Leading #hoteloperators and brands like #IHCL and #ITC Hotels are vigorously expanding their footprints. For example, 19,440 new hotel rooms were signed, primarily in Tier-1 & Tier-2 cities, showing robust development activity. Government also target to boost this sector with multiple schemes and allocation in budget also. . Cover one strong fundamental Stocks with strong book, capex plan as well as strong target for FY25-27. . All information for learning purpose only. Girish Sodani Gunjan Bhalika . #Hospitalitysector #Hotels #Lemontree #Tajgvk #Capexplan #hotelsexpansion #roomnetwork #newrooms #toursim #IndianTourism #Fundamntalstock #stockinfocus #sectorinfocus #learnbeforeinvest #investing #investors #weekendseries #funds #learning #followus #hotelsector

📊 **Hotel Investment Surge in India!** 🏨✨ In the first half of 2024, hotel investments reached $93 million, with projections soaring to $413 million for the year—a 22% increase from 2023! Key highlights include: - 72% of transactions involved operational hotels. - Strong demand in Tier I markets, accounting for 78% of projected volumes. - 19,442 keys signed, primarily in Tier II and III cities. - A significant 6,071 keys added through new openings, with midscale hotels leading the way. JLL anticipates continued growth in the hospitality sector, driven by favorable macroeconomic factors and expanding commercial activity. Exciting times are ahead! 🌟 #HotelInvestment #HospitalityGrowth #JLLReport

#Knowledge Series . Share on hotel sector which strong focus in FY25 and FY26. Domestic hotel investment transactions reached $93 million. Leading #hoteloperators and brands like #IHCL and #ITC Hotels are vigorously expanding their footprints. For example, 19,440 new hotel rooms were signed, primarily in Tier-1 & Tier-2 cities, showing robust development activity. Government also target to boost this sector with multiple schemes and allocation in budget also. . #EnsureCapital #Growth #IndianEconomy #hospitality #hotels

✨Weekend Series - Hotel Sector✨ #finance #stockmarket #Informative #invest #learning #financialanalysis #fundamentalanalysis #analysis #research #fundamentalresearch #hospitalityindustry

JLL reports India's hospitality sector attracted a record $401 million in investments in 2023, with significant growth in hotel transactions and increasing interest in tier two cities, paving the way for a positive outlook in 2024. Read more at: https://ow.ly/e4R950R5z6L #JLL | #Hospitality | #Investments | #Outlook