33-35% 49-51% 66-68% NOV 2020 29-31% 59-61% 71-73% SEP 2020 31-33% 47-49% 64-66% OCT 2020 27-29% 31-33% 50-52% DEC 2020 Domestic air passenger traffic improved by over 15% in Dec 2020 compared to the previous month, as the government allowed airlines to operate at 80% of their pre-COVID capacity. The Christmas & New Year holiday season brought cheer to the Indian hotels sector, as it reported its highest performance since the beginning of the pandemic. Goa continued to be the top travel destination in the country recording occupancy over 60% during the month. The growing demand also helped push ADR in Goa closer to pre-pandemic levels. Pune, Kolkata & Bengaluru witnessed the highest increase in occupancy in Dec 2020 compared to the previous month. Occupancy Change 1 India & Other Key Asian Markets 1 Occupancy % change December 2020 vs December 2019 Hotels Sector Key Stats (India Average) ADR Occupancy RevPAR By Properties By Keys Branded Hotels 2 Source: HVS Research RevPAR Change in Key Markets Y-o-Y (%) Dec 2020 Source: HVS Research 2 Data collated by HVS from 19 Hotel Operators as of 25 th January 2021 20-40% Chennai Bengaluru Kochi Goa Kolkata Pune Mumbai Hyderabad Key Highlights Y-o-Y (%) New Delhi 1 2 ₹4,400 - ₹4,600 45% - 47% ₹1,980 - ₹2,162 DEC 2020 India 31-33% Thailand 63-65% China 6-8% Malaysia 50-52% Singapore 8-10% ADR Occupancy RevPAR 3 M-o-M (%) 6-8% 27-29% 36-38% 4 Company 4 IHCL EIH Chalet Hotels Lemon Tree Hotels Mahindra Holidays & Resorts Previous Close (₹) 120.1 90.2 183.1 40.2 215.2 Market Cap (₹ Cr) 14,948.9 5,806.5 3,857.5 3,299.7 2,873.4 52-week High (₹) 150.5 150.0 372.0 64.1 244.7 52-week Low (₹) 62.1 53.6 99.0 13.8 122.0 Latest Publications Research & Insights HVS Monday Musings Weekly Stories & Trends Crystal Gazing into 2021 – Top Trends JAN 04 Being frugal in 2021 – Is this one of the lessons we learned from the pandemic? JAN 11 Wellness tourism will flourish in the post-COVID era JAN 18 Indian hotels sector – Performance in 2020 JAN 25 ©2021 HVS ANAROCK Hotel Advisory Services Pvt. Ltd. All rights reserved. t: +91 124 488 55 80 What We Offer CONSULTING & VALUATION TRANSACTION ADVISORY ASSET MANAGEMENT EXECUTIVE SEARCH Akash Datta Sr. VP (South Asia) [email protected] +91 98995 17404 Ajay Mehtani Sr. VP (South Asia) [email protected] +91 98110 54921 Mandeep S. Lamba President (South Asia) [email protected] +91 98113 06161 To know more, connect with us Disclaimer: All information contained herein is from sources deemed reliable. HVS ANAROCK makes no statement, representation, warranty or guarantee as to the accuracy, reliability or timeliness of the information provided. Share Price Movement 3 Source: BSE website 3 Share movements data as on 1 st January 2021 4 Company names have been abbreviated 40-60% 60-80% 80-100% Chandigarh Signings Q4 2020 Q3 2020 52 28 3,965 2,550 22 13 1,903 1,273 Openings