New Delhi, March 5 -- The Indian hospitality industry is poised for another strong quarter in Q4FY25, driven by robust demand from MICE (Meetings, Incentives, Conferences, and Exhibitions) activities, cultural events, and an active wedding season, according to Motilal Oswal report.

According to recent industry checks, key hospitality players are expected to witness 12-14 per cent year-on-year (YoY) growth in Revenue Per Available Room (RevPAR), similar to Q3FY25. This growth is primarily attributed to an 11-13 per cent increase in Average Room Rate (ARR) and higher occupancy levels.

The momentum gained in Q3FY25 is carrying forward into January and February 2025, with leading hospitality players experiencing sustained demand. Cities suc...