The Indian hotel industry is expected to grow 7-9% with high occupancy in FY2025. Demand from domestic leisure travel, MICE, weddings, business travel, spiritual tourism, tier-II cities, and domestic tourism will drive growth. FTA recovery depends on the global macroeconomic environment and consumer sentiments.
Article - 6th Hotel Association of India Hoteliers Conclave Takes Place on 12 February 2024 at The Taj Palace New Delhi - Titled Hospitality – The Engine for GDP Growth and Employment , the daylong conference will be attended by hospitality professionals, including hotel owners and CEOs, policymakers and professionals from all across the country.
Article - HVS Market Report - Tech Hubs Are Powering the Indian Hotel Industry s Growth - By Mandeep S Lamba, Dipti Mohan and Dhwani Gupta - Tech hubs have globally been a catalyst for the hospitality sectors expansion. Bengaluru and Hyderabad are prime examples of this trend in India, witnessing unprecedented growth in hotel supply in sync with their booming IT sectors. Read on to know more.