New Delhi [India], December 12 (ANI): India’s hotel industry is set for sustained growth as demand outpaces supply, according to a report by Axis Capital.
The report forecasts a 12 per cent compound annual growth rate (CAGR) in demand for FY24-27E, compared to a more restrained 9 per cent CAGR in supply.
This favourable supply-demand dynamic, coupled with structural growth drivers and improved operating metrics, is expected to extend the industry’s upcycle.
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
