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REPORTS| India| Hotel Mkt Review 08| KOCHI

An addition of 1,081 rooms in the premium category is expected in the next two years.

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-DLF Group has purchased property belonging to Aspin Wall with a proposal to build a heritage hotel here.


5-star Deluxe and 5-star Hotels
- 580 rooms in the premium category.
Taj Malabar and Le Meridien are the only two hotels in the 5-star Deluxe category.

-The Trident was upgraded to a 5-star hotel

-ARR Rs.5,375 in 2008.

- The hotels in the premium segment had an average occupancy of 54% over the year.


4-star Hotels
- four hotels in the 4-star category ; 275 rooms.

- ARR of Rs.2,350 (till Sept 2008). -

- additional supply of 383 rooms by 2009-10.





see the complete report at
http://www.hospemag.com/2009/02/reports-india-hotel-market-review-2008.html