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hospitality sector: 2024: Hospitality sector looks to tap opportunities in underserved Indian market

The hospitality sector in India is optimistic about the potential for growth in the underserved market in 2024, despite challenges such as long-term funding accessibility, high GST rates, talent acquisition, and complex business processes. In 2023, listed hotel companies reported double-digit revenue growth due to domestic demand, recovery in foreign tourist arrivals, and large global events like India s G20 Presidency and men s cricket World Cup. ....

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