Booking.com, in partnership with Statista, unveiled the second edition of its annual ‘India Accommodation Barometer 2024’ report
The Indian hospitality sector is on a remarkable trajectory, witnessing interesting developments due to ever-evolving market dynamics, sectoral challenges, government policies and shifting traveller sentiments. To understand this better Booking.com, in partnership with Statista, unveiled the second edition of its annual ‘India Accommodation Barometer 2024’ report. The report reveals a surge in optimism among hoteliers, alongside a rising appetite for investment and a growing integration of digital technologies.
Indian hoteliers are optimistic about the future, with 75% of survey respondents expecting the economic situation to improve in the next six months and 69% are anticipating positive growth for their business.
As the hospitality landscape evolves, Indian hoteliers perceive some risks that require resilience and adaptability to ensure long…
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