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Knight Frank puts Indian hotel room market at Rs. 119 bn by 2013

Posted on 17 December 2010

From Business-standard.com: Leading independent global property consultancy – Knight Frank India Pvt Ltd today announced the release of their in-depth research study on India’s Hotel Market. The report provides an extensive scenario of the hotel market projecting the demand and supply dynamics of 10 major cities by the end of 2013.
The study assesses to measure the performance of the existing hotels in terms of ARRs, occupancy rates and other operational characteristics as well as analyses the present market condition regarding hotel development. The study encompasses ten key cities in the hospitality industry namely NCR, Mumbai, Bengaluru, Goa, Pune, Jaipur, Hyderabad, Chennai, Kolkata and Ahmedabad………………………………………Full Article: Source


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