Occupancy rises 62% in 2016

A survey on hotel trends for 20 Indian cities reveals the average rate registered in 2015-16 at ` 5,128, the highest recorded since 2009-10.

Contribution to Total Revenue: The last few years had witnessed a steady decline in the contribution of the Rooms division to the topline. However, 2015-16 did not follow this trend, with the Rooms Revenue showing an increased contribution of 51.7% to the total revenue. On the other hand, contribution from Food & Beverage and Banquets declined to 41.5% from 42.6% recorded in 2014-15. The contribution of the Other operating departments has remained rangebound for the past five years. Exhibit 2 displays the contribution to Total Revenue by the different operating departments.