Branded hotel market signings analysis by HVS Anarock revealed number of signings by keys decreased by 38 per cent in YTD Feb 2025 compared to same period last year. Number of signings by properties on the other hand decreased by 43 per cent. Meanwhile, number of openings by keys increased by a high 84.4 per cent. The number of openings by properties decreased by 32.14 per cent.
