India’s hotel industry is set to surpass 300,000 rooms by 2029, adding more than 100,000 rooms, driven by growing religious tourism, rising prosperity, and key infrastructure projects, with a supply pipeline focusing on leisure destinations and religious hubs, according to Horwath HTL. Pictured is the Taj Mahal Palace Hotel in Mumbai.
India’s Hotel Industry Set to Add 100,000+ Rooms by 2029
INDIA’S HOTEL INDUSTRY is set to add more than 100,000 rooms, surpassing the 300,000-mark by 2029, according to Horwath HTL, a hospitality consulting firm. The demand is driven by growing religious tourism, rising prosperity and key infrastructure projects, with the supply pipeline focusing on leisure destinations, including…
