Hyderabad records the highest Revenue Per Available Room (RevPAR) growth of 23.6% in Q3 2024 as compared to Q3 2023: JLL

Apart from a slight decrease in the average daily rate (ADR) of Delhi and Goa, all other major markets like Bengaluru, Chennai, Delhi, Hyderabad, and Mumbai showed considerable growth in ADR and revenue per available room figures, with Hyderabad leading the list. The city recorded the highest RevPAR growth of 23.6% in Q3 2024 as compared to Q3 2023. Although occupancy levels remained relatively stable across the board in Q3 2024 compared to Q3 2023, ADR levels improved, leading to an increase in RevPAR across all major markets.