Government-led reforms to boost hotels sector growth: JLL HMI

01 Dec 2019 CW Staff

According to HMI, while Mumbai ranked on top in absolute terms, Bengaluru led in RevPAR percentage change in both during the third quarter and YTD September 2019 over the same period last year. During the quarter, Bengaluru followed by Hyderabad and Gurugram witnessed the maximum change in ADR. Ahmedabad and Goa have been the only exception to the trend.

“The first nine months of the year (January-September 2019) have been exciting for the entire industry,” says Jaideep Dang, Managing Director, Hotels and Hospitality Group, India, JLL. “While there have been some positive developments on the reforms front, the country’s strong and stable services sector continues to fuel the commercial real-estate market. This has a direct bearing on the hotels sector, which is highly dependent on the performance of the services industry across India’s top cities.”

HMI reports that branded hotel signings in the third quarter (July-September) of 2019 remained consistent compared to the corresponding period in 2018, indicating stability in the market. During the same period, the country witnessed a total of 36 hotel signings, comprising 2,867 keys compared to 35 hotels comprising 3,422 keys. Upscale and midscale hotel brands that have contributed the maximum to signings during this period.

“The year 2019 is expected to end on a good note, both for real-estate markets and the hotels sector,” adds Dang. “Consistency in hotel signings suggests there is strong demand in the market.”

According to Hotel Momentum India (HMI) – Q3 2019, a hospitality monitor for the period July to September 2019 released by JLL Hotels & Hospitality Group, nine out of the top 11 markets witnessed a rise in RevPAR performance during the stated duration. An improving economic environment, growth in the number of offices, expansion of businesses and industry-friendly reforms, including GST reduction to 18 per cent for premium and luxury hotels, have all contributed to this growth across most top Indian markets. According to HMI, while Mumbai ranked on top in absolute terms, Bengaluru led in RevPAR percentage change in both during the third quarter and YTD September 2019 over the same period last year. During the quarter, Bengaluru followed by Hyderabad and Gurugram witnessed the maximum change in ADR. Ahmedabad and Goa have been the only exception to the trend. “The first nine months of the year (January-September 2019) have been exciting for the entire industry,” says Jaideep Dang, Managing Director, Hotels and Hospitality Group, India, JLL. “While there have been some positive developments on the reforms front, the country’s strong and stable services sector continues to fuel the commercial real-estate market. This has a direct bearing on the hotels sector, which is highly dependent on the performance of the services industry across India’s top cities.” HMI reports that branded hotel signings in the third quarter (July-September) of 2019 remained consistent compared to the corresponding period in 2018, indicating stability in the market. During the same period, the country witnessed a total of 36 hotel signings, comprising 2,867 keys compared to 35 hotels comprising 3,422 keys. Upscale and midscale hotel brands that have contributed the maximum to signings during this period. “The year 2019 is expected to end on a good note, both for real-estate markets and the hotels sector,” adds Dang. “Consistency in hotel signings suggests there is strong demand in the market.”

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

Real Estate

03 Jun 2026

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Infrastructure Transport

03 Jun 2026

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..