In the financial year 2023, the average occupancy of new hotels which had their first year of operation in fiscal year 2023 was nearly 50 percent in India. The new hotels that opened in the earlier financial year noted a slightly higher occupancy rate as compared to the hotels that opened in the last financial year
Cumulative average occupancy rate of new hotels in India from financial year 2016 to 2023
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Hotelivate. (October 9, 2023). Cumulative average occupancy rate of new hotels in India from financial year 2016 to 2023 [Graph]. In Statista. Retrieved June 12, 2024, from https://www.statista.com/statistics/1279380/india-cumulative-average-occupancy-rate-of-new-hotels/
Hotelivate. "Cumulative average occupancy rate of new hotels in India from financial year 2016 to 2023." Chart. October 9, 2023. Statista. Accessed June 12, 2024. https://www.statista.com/statistics/1279380/india-cumulative-average-occupancy-rate-of-new-hotels/
Hotelivate. (2023). Cumulative average occupancy rate of new hotels in India from financial year 2016 to 2023. Statista. Statista Inc.. Accessed: June 12, 2024. https://www.statista.com/statistics/1279380/india-cumulative-average-occupancy-rate-of-new-hotels/
Hotelivate. "Cumulative Average Occupancy Rate of New Hotels in India from Financial Year 2016 to 2023." Statista, Statista Inc., 9 Oct 2023, https://www.statista.com/statistics/1279380/india-cumulative-average-occupancy-rate-of-new-hotels/
Hotelivate, Cumulative average occupancy rate of new hotels in India from financial year 2016 to 2023 Statista, https://www.statista.com/statistics/1279380/india-cumulative-average-occupancy-rate-of-new-hotels/ (last visited June 12, 2024)
Cumulative average occupancy rate of new hotels in India from financial year 2016 to 2023 [Graph], Hotelivate, October 9, 2023. [Online]. Available: https://www.statista.com/statistics/1279380/india-cumulative-average-occupancy-rate-of-new-hotels/