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Weather the Storm: 67% increase in Hotel Rooms likely

Increase in numbers of branded hotel rooms will only grow in a developing country like India- as it has been in past and remains to continue in future. Although, the catch is that Ahmedabad is likely to see the biggest increase in upcoming supply of branded hotel rooms. These are some trends that are echoed by many hotel asset management companies in India.<br>Checkout - https://www.promiller.in/post/weather-the-storm-67-increase-in-hotel-rooms-likely

AshwiniShekar
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Weather the Storm: 67% increase in Hotel Rooms likely

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  1. Weather the Storm: 67% increase in Hotel Rooms likely

  2. Increase in numbers of branded hotel rooms will only grow in a developing country like India- as it has been in past and remains to continue in future. Although, the catch is that Ahmedabad is likely to see the biggest increase in upcoming supply of branded hotel rooms. As compared to other Indian cities like Delhi, Mumbai, Gurgaon, Kolkata and the likes- this city of Gujarat is expected to see the highest increase of 67%. Basing the study on data points provided by TOI, ProMiller drew few basic trends that can affect the hotel market in Ahmedabad in near future. These are some trends that are echoed by many hotel asset management companies in India

  3. With increasing opportunities in all fields, whether it is business or tourism, Ahmedabad is on its way to enter the league of metro cities soon. The effect clearly shows when we look at the supply of hotel rooms coming up in the city. During FY 2019- FY 2024, Ahmedabad has 2,006 proposed Branded Hotel Rooms in the pipeline. The future supply landscape is subject to several external forces that may often delay openings- as often considered beforehand by the top hotel management companies in India.

  4. THANK YOU!!!

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