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
QualStar’s Post
More Relevant Posts
-
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
To view or add a comment, sign in
-
-
India's hospitality sector has seen a remarkable rebound, driven by strong demand and a supportive market. Tier 3 cities lead in hotel signings while midmarket and upper midmarket hotels dominate openings. As boutique hotels and serviced apartments capture growing market segments, a balanced and strategic approach will be key to navigating rapid expansion. Read the full article for in-depth analysis of opportunities, trends, and challenges in this dynamic landscape. https://lnkd.in/gdu9SbHU
To view or add a comment, sign in
-
-
📖 *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
To view or add a comment, sign in
-
#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 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
To view or add a comment, sign in
-
Hospitality sector grows 10.8% YoY: JLL India’s hospitality industry witnessed a 10.8 per cent YoY increase in Q3 2024, as per JLL’s Hotel Momentum India report. This growth was attributed to rising Average Daily Rates across most major markets, despite stable occupancy levels. Read More:- https://lnkd.in/dnZ8feG9 #HospitalitySector #HotelIndustry #JLL #IndiaEconomy #TravelIndustry #Tourism #HotelBusiness #BusinessNews #EconomicGrowth #InvestmentOpportunity
To view or add a comment, sign in
-
-
In India, institutional investors have a growing appetite for hotel investments as a play on a robust economy. About one-third of all hotel rooms are owned by exchange-listed companies. Traditionally, the sector is dominated by independent firms.
To view or add a comment, sign in
-
✨Weekend Series - Hotel Sector✨ #finance #stockmarket #Informative #invest #learning #financialanalysis #fundamentalanalysis #analysis #research #fundamentalresearch #hospitalityindustry
📖 *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
To view or add a comment, sign in
-
The Indian hospitality sector’s performance in Q3 2024 (July-September 2024) was primarily driven by a rise in Average Daily Rate (ADR), resulting in a RevPAR growth of 10.8%. In terms of quarterly growth, the sector continued to mark its ascendancy, registering a positive RevPAR growth of 2% Q-o-Q in Q3 2024, compared to Q2 2024. For more insights, read JLL’s Hotel Momentum India (HMI) Q3, 2024. https://lnkd.in/g3VZ9X9D Jaideep Dang Harmeet Singh Bedi Roopa George Mehar A. #Hotels #Hospitality #Investments
To view or add a comment, sign in
-
-
H1 (January to June) 2024 witnessed six deals that translated into transaction volumes amounting to USD 93 million. In H1 2024, listed hotel companies led the list, accounting for 44% of the total transaction volume, followed by owner-operators (30%), and HNIs, family offices & private hotel owners (26%). Read JLL's latest report for more insights. Hotel investment trends in India (https://co.jll/4eK4nJh) #Hotels #Hospitality Jaideep Dang, Harmeet Singh Bedi, Roopa George, Sailee Bhandarkar-Correa, Chirag Singhal
To view or add a comment, sign in
-
-
The Indian Hotels Company Limited (IHCL) announced its comprehensive strategy for 2030. Under the plan, IHCL will expand its brandscape, deliver industry-leading margins, double its consolidated revenue with a 20% return on capital employed and grow its portfolio to 700+ hotels while building on its world-renowned service ethos. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL said, “IHCL has surpassed its guidance by achieving a portfolio of 350 hotels, with over 200 hotels in operation and delivered ten consecutive quarters of record financial performance. This strong performance, coupled with a robust balance sheet, positions us well to accelerate our growth momentum. Enabling this vision are long-term structural tailwinds for the sector including India’s forecasted GDP growth of over 6.5%, the government’s continued focus on infrastructure spend, hotel demand outpacing supply and the rising affluence of the consumer base.” He added, "IHCL will expand its brandscape with the launch of new brands, tapping the heterogeneous market landscape and taking its portfolio to 700 hotels by 2030. Doubling its Consolidated revenue to INR 15,000 crores, scaling new and re-imagined businesses to 25%+ share of revenue and continue to generate industry-leading margins and return on investment, while maintaining its renowned service excellence.” Under ‘Accelerate 2030’, the focus will be on driving top-line growth with 75% from traditional businesses and management fees and 25%+ from new and re-imagined businesses. Read more: https://lnkd.in/gC_jBV_C Taj Hotels #IHCL2030 #HospitalityExcellence #PuneetChhatwal #Accelerate2030
To view or add a comment, sign in
-