Hotel industry in India has shown strong growth in last financial year. Though hotel occupancies in Bangalore, Hyderabad and Pune dipped marginally owing to over capacity, average room rates for branded hotels across star categories continue to witness robust growth in most cities.
Delhi and Mumbai hotel industries charged highest room rates in the country. Customer paid more than ten thousand for a night. Bangalore finally saw a marginal correction in room rates. Mumbai performed the best as far as hotel occupancy is concerned. While branded hotels in Mumbai registered an average occupancy of 80 percent, Delhi was at 78 percent and Kolkata at 77.4 percent.
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