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Hotel industry's contribution to India's GDP to hit $1 trillion by 2047: HAI

The direct contribution of India s hotel sector to the country s GDP could reach $1 trillion by 2047, from $40 billion in 2022, according to Vision 2047: Indian Hotel Industry from the Hotel Association of India and Benori Knowledge. The report highlights that the pandemic shifted consumer preference and helped service providers move forward, with hotel companies acknowledging the significant potential of domestic tourism.

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