Hotel demand in the country remained subdued in July, even a month after hotels were first allowed to reopen, with COVID-19 quarantine business and Vande Bharat Mission being the primary demand drivers. Both business & leisure travel have not yet picked up in the country mainly due to increasing cases and different travel and quarantine rules across the states. Hotels, restaurants & weekly markets in Delhi were also allowed to reopen in August on a trial basis after being shut for almost five months. Hotel companies & owners are deferring or postponing their hotel openings & signings due to the current uncertainty. Occupancy Change 1 India & Other Key Asian Markets 1 Occupancy % change July 2020 vs July 2019 Buddhist tourism in India, the Land of the Buddha AUG 03 Opening New Revenue Streams in the Hospitality Sector AUG 10 Quality Hotel Supply is the Key to Developing Fledgling Tourist Destinations AUG 17 Hotel Sector Key Stats (India Average) ADR Occupancy RevPAR By Properties By Keys Branded Hotels 2 Signings in July 2020 ©2020 HVS ANAROCK Hotel Advisory Services Pvt. Ltd. All rights reserved. Recent Publications 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 HVS Monday Musings (Weekly Stories & Trends) 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. Signings 03 300 Source: HVS Research General Manager’s Sentiment Survey | 1 General Manager’s Sentiment Survey 2020 Outlook anarock.com Follow us on HVS India & South Asia RevPAR Change in Key Markets Y-o-Y (%) July 2020 Source: HVS Research Why Professional Asset Management adds value to Hotel Investors? AUG 24 2 Data collated by HVS from 21 Hotel Operators as of 24 th August 2020 for the month of July 2020 0-20% 20-40% 40-60% 60-80% 80-100% Chennai Bengaluru Kochi Goa Kolkata Pune Mumbai Hyderabad Key Highlights 4 M-o-M (%) 3-6% 10-13% 16-19% Y-o-Y (%) New Delhi 1 2 3 300 JUL 2020 36-39% 62-65% 76-79% JUL 2020 39-42% 66-69% 79-82% JUN 2020 36-39% 75-78% 84-87% MAY 2020 26-29% 80-83% 85-88% APR 2020 Our Upcoming Webinar Global Hotel Performance & Values: Now & Moving Forward 8 Sep 2020 | 7.30 pm (IST) Join us to obtain expert insights and valuable strategies directly from our Global CEO and Regional Presidents. SEP 08 India 62-65% Thailand 71-74% China 20-23% Malaysia 64-67% Singapore 12-15% ADR Occupancy RevPAR