Moneycontrol
HomeNewsOpinionChart of the Day | Hotel room supply to tilt towards midscale economy segment

Chart of the Day | Hotel room supply to tilt towards midscale economy segment

Vatsala Kamat   •

The pan-India increase in average room rate has gone up in the last two years in US dollar terms, but it is still 50 per cent lower than that of FY2008

Over the years, the supply concentration in the luxury-upper upscale segment has reduced from 39 per cent in FY2015 to 32 per cent in FY2023 and is expected to reduce further to 26 per cent by FY2028. (Representative image)

To read the full story,

Subscribe to Moneycontrol PRO
  • Ad-free Experience
  • Access Exclusive Stories
  • Weekly Investment Ideas
  • Daily Technical Calls

Are you a PRO subscriber? Sign In

What Do You Get

  • Ad free Experience

    Seamless navigation, faster responses.

  • Expert Perspective

    Explore 230+ exclusive editorials every month

  • +

    Uncover Insights from World-Renowned Experts and Journalists

  • Actionable Insights

    40+ weekly investment ideas + 3 to 4 daily technical calls

  • Virtual Events

    Exclusive Live Webinars for Expert Trading & Investment Strategies!

  • Newsletters

    Stay ahead with daily and weekly insights

View Offers

Unlock exclusive discounts