Search result for 'indian hotel industry'

Homegrown mid-segment hotel brands in India have a competitive edge over international chains due to their flexibility, understanding of local markets, and cost-effective solutions.

ICRA forecasts a 7-9% revenue growth for the Indian hotel industry in FY25, driven by domestic leisure travel, MICE, and spiritual tourism. Pan-India occupancy is expected to reach a decadal high.

ICRA forecasts a 7-9% revenue growth for the Indian hotel industry in FY25, driven by domestic leisure travel, MICE events, and wedding bookings. Occupancy is expected to reach decadal highs.