Accor hotels in Bengaluru records 20% growth in occupancy in first half of 2019: Accor

For Accor, H1 performance was higher than last year by 13 percent in line to budget in terms of room revenue but slightly below budget for Food and , Beverage because of the MICE segment, said Jean-Michel Cassé, Chief Operating Officer (COO) – India & South Asia, Accor. Bangalore hotels recorded maximum occupancy growth with almost 20 percent rate growth. Goa had a soft Q1 with under 5 percent RevPAR growth. Hotels in Mumbai recorded around 80 percent occupancy with almost 12-15 percent rate increase. Delhi NCR hotels were at around 75 percent with double digit ADR growths.