View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
October 21, 2010

Low Occupancy Recorded During 2010 CWG

The lowest hotel occupancy was recorded during the 19th Commonwealth Games (CWG) held 3-14 October in Delhi, India, this year. Saeed Shervani, president of the Hotel and Restaurant Association of Northern India, said occupancy was as low as 20% in one, two and three-star hotels dur

By cms admin

The lowest hotel occupancy was recorded during the 19th Commonwealth Games (CWG) held 3-14 October in Delhi, India, this year.

Saeed Shervani, president of the Hotel and Restaurant Association of Northern India, said occupancy was as low as 20% in one, two and three-star hotels during the 12-day period, while for established hotels occupancy was 50%.

Post-CWG, the hotel industry fears that the northern Indian cities of Gurgaon and Delhi may be oversaturated with rooms, according to thehindubusinessline.com.

Gurgaon witnessed a growth of nearly 350% in the last three years in hotel rooms, and now has 9,000 rooms available.

The huge gap between demand and supply has resulted in low occupancy and average room rates, said Shervani.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU