Hotels across several major Indian markets are seeing stronger demand as the festive season approaches, with travellers making bookings earlier and planning longer holidays.
The increase in enquiries and reservations is helping hotels improve occupancy levels while room prices are also moving higher. Industry indicators such as average daily rates and revenue per available room are expected to perform better than they did during the same period last year.
The stronger booking trend reflects growing interest in domestic travel during the festive period. Travellers are showing greater willingness to plan their holidays in advance and spend more on accommodation.
Hospitality companies are expecting the upcoming festive months to deliver stronger business as increased travel activity and consumer spending support the sector.
Industry participants see the early rise in bookings as a positive sign for hotel performance during the festive season, with higher demand expected across important Indian markets.