Majority of hotel operators expect up to 2 years for revenue recovery: JLL

According to the survey, only 20 per cent of the operators believe that their hotels could bounce back to 2019 RevPAR levels within 6 to 12 months

Majority of hotel operators expect that it will take 13 to 24 months for their hotels to return to revenue per available room (RevPAR) levels of last year, according to a survey conducted by global property consultant JLL.

The survey was conducted on 15 leading hotel operators in India.

The COVID-19 pandemic has brought the world to a standstill, with the hospitality, travel and tourism sector being the most affected due to travel restrictions across the world and within India, it noted.

According to the survey, only 20 per cent of the operators believe that their hotels could bounce back to 2019 RevPAR