Hotel Investments in India touched $401 million in 2023 which was nearly a four-fold increase in the volumes witnessed in 2022. As many as 25% of the overall value of transactions involved under-construction hotels in both business and leisure destinations, a report by JLL titled.
HOTEL INVESTMENT TRENDS - INDIA 2023 SHOWED.
High Net Worth Individuals (HNIS) and Institutional Capital played a major role in hotel investments activity during 2023, accounting for the largest share at 31%. Real estate developers accounted for 27% of investments, followed by owner-operators at 11%, it said.
There is an increasing interest in hotel development activity in Tier-2 cities, with 54% of the total signings taking place in these locations
Q1 2024 witnesses 80% y-o-y increase in hotel transaction volumes touching $78 million
The report mentions that the first quarter of 2024 witnessed an almost 80% year-on-year increase in hotel transaction volumes, touching $78 million.
Diese Geschichte stammt aus der May 2024-Ausgabe von The Franchising World.
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Diese Geschichte stammt aus der May 2024-Ausgabe von The Franchising World.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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$401 million investment surge in the hospitality sector during FY23 : JLL
There is an increasing interest in hotel development activity in Tier-2 cities, with 54% of the total signings taking place in these locations.
