India's hospitality industry witnesses decline of 52.8% in RevPAR during the first three quarters of 2020: JLL

India, Nov. 18 -- India's hospitality industry witnesses decline of 52.8% in RevPAR during the first three quarters of 2020: JLL

All key 11 markets in India reported a significant decline in RevPAR Performance in Q3 2020 Y-o-Y

Mumbai continues to be the RevPAR leader in absolute terms, despite the decline of RevPAR by 71.7% in Q3 2020 compared to Q3 2019

Bengaluru saw the sharpest decline in RevPAR in Q3 2020, with 88.1% decline compared to the same period in the previous year

India's hospitality industry has witnessed decline of 52.8% in Revenue Per Available Room (RevPAR) during January to September (YTD Sept) 2020 over the same period last year due to the impact of Covid-19 pandemic, according to JLL's Hotel Momentum India (HMI) Q3 2...