As per HVS ANAROCK Hospitality Monitor, growth in demand has led to consistent improvements in occupancy rates across key markets in September 2024. Bengaluru led the way with a notable 8-10 percentage points (pp) year-on-year increase in occupancy rates, followed by New Delhi, which recorded a 6-8 pp growth. On the other hand, Jaipur and Kolkata were the only markets that saw declines in occupancy rates of around 0-3 pp.