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Hotels faring better than STRs on the Indian travel accommodation market
Across most key performance metrics such as business development in the last 6 months, Indian hotels reported better outcomes compared to their short-term rental (STR) counterparts. The only exception concerns the outlook for the economic situation in the next 6 months: half of Indian STRs reported positive sentiment in this regard, compared to 42% of hotels.
The 2023 Indian Accommodation Barometer is the first study of hoteliers conducted by ƽ in collaboration with Booking.com, surveying 250 accommodation executives and managers from across Indian. Click here to download a copy of your own.
Description
This graphic shows that hotels outperform short-term rentals on the Indian travel accommodation market.
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