Erich Baum

Mar 3, 2025 | htrends.com | Erich Baum |Brian Bisema

Key highlights: January 2025: 2025 has begun on a strong note for the Indian hotel sector, with occupancy rising by 2-4 percentage points year-on-year (y-o-y) in January 2025. Average Room Rates (ARR) also continued their upward momentum, registering a 10-12% y-o-y growth, reaching ₹9,100-9,300. These increases have resulted in RevPARs also increasing by 15-17%, reaching ₹ 6,006-6,324, reflecting sustained demand and pricing power.

Mar 3, 2025 | htrends.com | Erich Baum |Brian Bisema

The Montréal hotel market has made a strong comeback from the pandemic, experiencing a 4.6% rise in room supply, in contrast to the declines in Downtown Toronto and Vancouver. This expansion, combined with a rebound in air travel, extensive hotel renovations, and effective tourism promotion, has positioned Montréal as the most resilient market. With substantial investments and a thriving meetings and events sector, the city’s hotel industry is undergoing a significant evolution.