Rajasthan remains leading state in brand signings and Goa in hotel openings in Q4 2018

download (1)According to a recent report by JLL, Eight out of eleven markets in India witnessed an increase in RevPAR performance in Q4 2018 over same period last year. Rajasthan is the leading state in brand signings and Goa leads in hotel openings in Q4 2018. Importantly, 25% of new signings are conversions of old hotels. International hotel operators dominated signings over domestic operators with the ratio of 57:43.