Hospitality Talk

2019: A strong past 12 months

India key destinatio­ns, YTD November 2019 RevPAR % Growth, INR

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CHALLENGES

The main challenge India faced in 2019 was the economic slowdown in the country. Even though there was a slowdown in the economy, hotel performanc­e has been positive in the market. Some markets, like Goa and Gujarat were affected by a general slowdown in economy and increased supply in those markets.

 ?? Source: STR ?? Map not to scale
Source: STR Map not to scale

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