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Page 1: Occupancy Decline1 - api.anarock.com · President (South Asia) mlamba@hvs.com +91 98113 06161 HVS Monday Musings (Weekly Stories & Trends) To know more, connect with us Disclaimer:

-83.0%-97.5%

New and diverse avenues for growth forHospitality professionals

Indian Hotels Sector – It is time to evaluatealternate lease revenue streams

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JUN

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Unlocking Hotels – The complexity of managingdaily influx of goods

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Hotel SectorKey Stats (India Average)

M-o-M(%)

Y-o-Y(%)

May2020

-18.5 -37.5₹3,353ADR

22.2 -76.714.3%Occupancy

-0.2 -85.4₹481RevPAR

By PropertiesBy Keys

Share Price Movement3

Company52-weekHigh (₹)

164.1

195.0

395.0

76.5

252.4

IHCL

EIH

Chalet Hotels

Lemon Tree Hotels

Mahindra Holidays& Resorts

52-weekLow (₹)

62.1

54.7

99.0

13.8

122.0

Branded Hotels2

Openings & Signings

©2020 HVS ANAROCK Hotel Advisory Services Pvt. Ltd. All rights reserved.

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What We Offer CONSULTING &VALUATION

TRANSACTIONADVISORY

ASSETMANAGEMENT

EXECUTIVESEARCH

Akash DattaSr. VP (South Asia)[email protected]

+91 98995 17404

Ajay MehtaniSr. VP (South Asia)[email protected]

+91 98110 54921

Mandeep S. LambaPresident (South Asia)[email protected]

+91 98113 06161

HVS Monday Musings(Weekly Stories & Trends)

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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. STR republication or other re-use of this data without the express written permission of STR is strictly prohibited.

Source: BSE

Key Highlights

OPENINGS

SIGNINGS

38

3,749

10

840

Source: HVS Research3 Data as on 1st June 2020 Company names have been abbreviated

PreviousClose (₹)

75.5

66.4

100.7

17.9

167.8

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Domestic flights in India resumed operations on25th May 2020.

The GoI, as a part of its calibrated exit from the lockdown has permitted hotels and restaurants to reopen. The state governments have been given the full authority to issue their own independent guidelines & SOPs for the reopening.

Even though hotels have reopened, demand is low, which continues to negatively impact the sector.

The GoI, like its global counterparts, is contemplating air travel bubbles with several countries including the US, Germany, and France, etc.

MarketCap (₹ Cr)

10,078.9

4,058.1

2,476.7

1,489.4

2,307.8

May 2020 data

Occupancy Decline1

India & Other Key Asian Markets

Singapore

China

Malaysia

India

Thailand

1 Occupancy % change May 2020 vs May 2019

-8.9%

-36.2%

-63.4%

-76.7%

-79.0%

General Manager’s Sentiment Survey | 1

General Manager’s Sentiment Survey

2020 Outlook

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Top 2 High & Low Performing MarketsRevPAR (Y-o-Y)

HighPerformers

LowPerformers Source: STR & HVS Research

Mumbai

Goa

Chandigarh

-98.9%

Chennai

3

Global Travel & Tourism sector is showing earlysigns of recovery

JUN

22

-83.3%

2 YTD May CY20; No signings in May 2020 as reported by Operators to HVS ANAROCK

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