> ## Content Index
> Fetch the complete content index at: https://hospitality.pro/llms.txt
> Use this file to discover other available public pages before exploring further.

# Hotel industry becomes a casualty of slowing economy; check-in rates fall
- URL: https://hospitality.pro/hotel-industry-becomes-a-casualty-of-slowing-economy-check-in-rates-fall/
- Published: 2013-06-26T05:36:16.000Z
- Updated: 2013-06-26T05:36:16.000Z
- Author: H L
- Tags: Hospitality Industry News, News, Surveys, Polls and Research, #wordpress, #Import 2026-04-16 12:15

The hospitality industry in India is becoming another high-profile casualty of the slowing economy, with nearly 75 big hotels putting up the ‘for sale’ boards and several others raising the red flag amid falling check-ins and wilting room rates.

Most hotels in the country are running half empty, as the GDP growth slips to 5% levels this fiscal year, says the Federation of Hotel and Restaurant Associations of India (FHRAI). In a preliminary report, the hoteliers’ body has found that average hotel occupancy in 2012-13 dropped to the lowest in a decade at 58.3% and average room rates fell to Rs 6,214, the lowest in six years.

###### Source The Economic Times India