Sector closed 2023 with 63-65% occupancy rate, up 3-5 percentage points from previous year: HVS ANAROCK The performance of the Indian hotel sector in 2023 mirrored optimism, with key performance indicators witnessing significant growth. The sector closed calendar year 2023 with a nationwide occupancy rate in the range of 63-65%, up 3-5 percentage points (pp) from the previous year and nearly reaching the pre-pandemic level of 65-67% in 2019. The ARR … http://tourismbreakingnews.com..../sector-closed-2023-
