India’s hospitality industry witnessed decline of 52.8% in RevPAR during the first three quarters of 2020: JLL
New Delhi: India’s hospitality industry has witnessed a decline of 52.8% in Revenue Per Available Room (RevPAR) during January to September 2020 over the same period last year due to the impact of the Covid-19 pandemic, according to JLL’s Hotel Momentum India (HMI) Q3 2020, a quarterly hospitality sector monitor.
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