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India's booming economy has made its hotels hugely expensive, but the fact that the product quality does not match the price will do "more damage to India's tourist industry than any good in the medium to long term"
In 2005-06, Hyderabad was the market leader in occupancy (80.2%) followed by Coimbatore (79.7%).
Properties in Ahmedabad recorded the highest growth in average occupancy, from 52.6% in 2004-05 to 68.9% in 2005-06. Ahmedabad was followed by Coimbatore and Thiruvananthapuram
New Delhi had the highest average room rate (ARR) among the 30 cities, at 6,699 rupees a night, followed by Bangalore at 6,534 rupees.
Bangalore hotels also recorded a decrease in average occupancy over the previous year.
The report said that properties in Vadodara registered the highest growth in ARR to 2,085 rupees in 2005-06. Hyderabad registered the second highest growth in ARR, to 4,305 rupees from 2,729 rupees in 2004-05. Read more... click here | Daily Extras! Eclat Me | Success Tip of the Day| 1DailyDiversion| Eclat Web - Must Visit Websites! A Beautiful Pic Every Day! Word of the Day| Quotation of the Day| Make Money! Immigration News! Desire- WOW Stuff! Stock Mkt Updates |
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