Here's hoteliers should cheer...

HVS ANAROCK India Hospitality Industry Review 2018 reveals pan-India projections for the year 2019. The study states that RevPar would surge by 9.5 per cent, riding on the back of growth in Average Daily Rates (ADR).

The HVS ANAROCK India Hospitality Industry Review 2018 projects positive predictions for India’s hospitality segment for the year 2019, which states that the RevPar would surge by 9.5 per cent from ADR. The gross operating profit or GOP is a crucial component. According to

HVS Anarock report, GOP margins of the hotels in India are expected to improve by 8 per cent. The demand and supply chain shall see a rise with supply targeted at 4 per cent, while demand being pegged by 7 per cent. The estimated volume of hotel transactions is marked at approximately $800mn.