Kochi registered the highest increase in occupancy rate in July, growing by 7 pp year-on-year: HVS

This has been indicated by the lately launched ‘HVS-ANAROCK Resorts & Hospitality Overview – July 2024’.

In June 2024, home air passenger site visitors grew by almost 6% year-on-year. Additional Kochi registered the very best enhance in occupancy charge, rising by 7 pp year-on-year, a notable rise in comparison with different cities.

In the meantime, each Hyderabad and Mumbai skilled declines in year-on-year occupancy charges, starting from 1-3 pp. Each cities, nonetheless, noticed substantial will increase in common charges, with Hyderabad main with over a 9% year-on-year

Throughout the month, Goa and Kolkata had been the one markets to expertise declines in common charges when in comparison with June 2023, with Kolkata’s charges dropping by almost 6% from Could 2024 as properly.