Kovalam stands third in FY 2022-23 report by Hotelivate Reaffirming Kerala’s pre-eminent position as a highly preferred destination for global and domestic tourists, backwater hub Kumarakom has topped in an all-India survey of revenue gained by hotels and resorts in popular leisure destinations, posting the highest revenue per available room (RevPar) in financial year 2022-23. The survey, ‘Indian Hospitality Trends and Opportunities’, conducted by hospitality consulting firm Hotelivate, also reveals that the famed beach destination Kovalam has earned the third place in a list of top 15 destinations. RevPar, an industry metric used by hotels to price their rooms, refers to revenue generated per available room whether occupied or not. According to the 26th editio...
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