India Saw $185 Million in Hotel Investment in the First Quarter
Skift Take
JLL said investments in India's hotel sector increased 58% year-over-year to US$185 million in the first quarter of 2026. Plus, more hotel deal and development news from APAC.
In observance of Memorial Day in the United States, there will be no Daily Lodging Report - Asia Pacific on Monday, May 25th.
STR/CoStar reported China hotel data for the week ended May 16th. Hotel RevPAR in China was down -0.8% year over year, up against what should have been an easy comp of a decline of -10.5% in the year-ago week. For the 2026 week, ADR was up 2.1% but occupancy was down -2.8%, both year over year.
JLL said investments in India's hotel sector increased 58% year-over-year to US$185 million in the first quarter of 2026. That compares to US$117 million in 1Q25. JLL India's Hotel Investment Trends in India: 2025 shows investments last calendar year surged 67% to US$567 million. The trend is continuing into 2026 with JLL saying 1Q26 investments included operating hotels, land monetization and consolidation by acquisition of an operating platform. Warburg Pincus acquired a 41% stake in Lemon Tree Hotels' subsidiary Fleur Hotels and committed about
