HVS Releases FHRAI Indian Hotel Industry Survey 2014-2015

By BW Hotelier THE INDIAN hospitality industry has emerged as one of the key industries driving the growth of the services sector and, thereby, the Indian economy. The Federation of Hotel & Restaurant Associations of India (FHRAI) Indian Hotel Survey 2014-2015 aims to provide the most comprehensive guide to all-India performance trends for this industry. Results of the Survey will empower industry stakeholders such as owners, investors, operators, business analysts and researchers with information on the operational aspects of the industry. It will also help owners benchmark the performance of their operations against industry standards and seek professional help if corrective measures are required. The data for the FHRAI Indian Hotel Survey 2014-2015 has been contributed by the member hotels of FHRAI. The FHRAI had sent a questionnaire to each of its members (numbering approximately 2,600), the responses to which are then analyzed and presented in this Survey. The data presented in the current edition is culled from 1,358 responses. The participating hotels have been classified into three categories: 'Less than 50 rooms', '50 to 150 rooms', and 'More than 150 rooms'. Also a comparison has been drawn between chain-affiliated and independent hotels. The Survey highlights countrywide trends and statistics using data from the past five years surveys. Subsequently, the city scenarios are highlighted for the seven major cities (Bengaluru, Chennai, Delhi-NCR, Goa, Kolkata, Mumbai, and Pune) and 12 secondary cities across the country.- These cities were Agra, Ahmedabad, Gurgaon, Hyderabad, Indore, Jaipur, Kochi, Madurai, Mysore, Nashik, Thiruvananthapuram, and Udaipur. The average rate for 2014-15, Rs 4,789, showed a modest improvement over that last year (Rs 4,729), which was previously the highest since 2009-10. Hotel occupancy, too, increased to 61.3 per cent after two years of stagnation at 60.4 per cent. Click to read the complete report-HVS - FHRAI Indian Hotel Industry Survey 2014-2015