What’s happening in hotel sector, and what lies ahead

India’s economic growth, infrastructure development, and a rising middle class are aiding the long-term growth of the sector.

The Indian hotel industry is displaying strong financial performance in 2024, driven by increased travel, tourism, and economic recovery. With impressive YTD returns and a sharp rise in occupancy rates and Average Room Rates (ARRs), the sector is outperforming broader market benchmarks. Here’s a closer look at how the top players in the sector have performed…