Goa witnessed the largest y-o-y decline in occupancy rate, while Kolkata registered the highest growth during the month: HVS-ANAROCK

Highlighting key trends in the Indian hospitality industry, the HVS ANAROCK Hotels & Hospitality Overview – May 2024, states that Goa witnessed the largest year-on-year decline in occupancy rate, while Kolkata registered the highest growth during the month. After a long hiatus, Mumbai recorded higher average rates than Goa, exceeding INR 10,000 and INR 9,500 respectively.”