Uploaded on Jul 21, 2023
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. Checkout - https://www.promiller.in/post/weather-the-storm-67-increase-in-hotel-rooms-likely
Weather the Storm: 67% increase in Hotel Rooms likely
Weather the
Storm: 67%
increase in
Hotel Rooms
likely
Increase in numbers of branded
hotel rooms wil l only grow in a
developing country l ike India- as it
has been in past and remains to
continue in future. Although, the
catch is that Ahmedabad is l ikely to
see the biggest increase in
upcoming supply of branded hotel
rooms. As compared to other Indian
cit ies l ike Delhi, Mumbai, Gurgaon,
Kolkata and the l ikes- this city of
Gujarat is expected to see the
highest increase of 67%. Basing the
study on data points provided by
TOI, ProMil ler drew few basic trends
that can aff ect the hotel market in
Ahmedabad in near future. These are
some trends that are echoed by
many hotel asset management
companies in India
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.
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