Asia -  Hyderabad, India

Hotel values in Hyderabad have seen significant improvement over the last two years. The overall growth in the city, which had been plagued by political turmoil in the years leading to the formation of the state of Telangana in 2014 witnessed a complete turnaround leading to annual increases in hotel values of 43% and 23% in 2014 and 2015, respectively. The city’s lodging market has strong growth fundamentals with a world class meeting facility in the form of Hyderabad International Convention Centre (HICC) that is slowly reaching peak performance and strong overall infrastructure that promotes commercial development. While the pace of ramp up of this city over the last two years has been significant, one must note that it has been off a low base. Therefore, while we still forecast improvement in hotel values for Hyderabad over the next couple of years, it is expected to be at a slower pace than that earlier.

Change In Value For Market:

Legend
Significant Value Increase: Greater than +10%
Moderate Value Increase: Between +3% and +10%
Stable Values: Between -3% and +3%
Moderate Value Decline: Between -3% and -10%
Significant Value Decline: Less than -10%

Hyderabad RevPAR Change

Hyderabad RevPAR

Year RevPAR
2013 43.41
2014 50.47
2015 56.02
2016 64.44
2017 (f) 71.69
2018 (f) 80.44

For more information, please contact:

Achin Khanna, MRICS
akhanna@hvs.com
  • +91 124 4616000 (w)
Rishabh Thapar
rthapar@hvs.com
  • +27 0 792790584 (m)