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Hotel sector RevPAR forecast to rise 12–13% in Q2 FY27
JM Financial expects Delhi-NCR to stand out in Q2 FY27, helped by higher demand around the 2026 BRICS summit.
LiveMint Markets reports JM Financial expects India’s hotel industry RevPAR, revenue per available room, to rise 12–13% year-on-year in Q2 FY27, extending momentum from the prior quarter.
The brokerage links the increase to resilient domestic travel, with support from leisure and staycations as well as corporate travel and MICE demand, helped by favorable demand-supply dynamics and sustained pricing power.
JM Financial also said its channel checks point to Delhi-NCR as a standout market in Q2 FY27, citing an uptick in demand around the 2026 BRICS summit, while Mumbai is expected to benefit from robust corporate and event-led demand, including GFF 2026.
LiveMint Markets adds that the brokerage believes business on the books for October 2026 remains healthy, and expects demand momentum to stay firm through the rest of the year, keeping the sector positioned for a seasonally strong second half of FY27.