To provide micro-market assessment of luxury hotels segment in India by focusing on demand and supply side parameters in selected cities for leading luxury hotel brand
Solution
To get insights into micro-markets, Crisil Intelligence performed extensive primary and secondary research into key micro-markets like Bengaluru, Chennai, Goa, Hyderabad, Mumbai and National Capital Region (NCR) to understand key parameters relevant to luxury hotels segment like demand trends, supply trends, room rent, revenue per available room, extent of competition etc. Crisil intelligence also provided future trends for demand and supply to ascertain market attractiveness for the company's target markets.
Impact
Crisil Intelligence's insights into target micro-markets helped client with their business strategy by assessing the competitive landscape and their market positioning.