India's hotel industry is poised for growth as demand outstrips supply, with a projected 12% CAGR in demand from FY24-27E.
India's hotel industry is set for sustained growth, with demand expected to outpace supply at a 12% CAGR, driven by structural factors and significant potential in Tier-two cities.
Indian mid-market hotel brands are dominating the smaller cities due to their flexibility. But they still lag in metro areas.
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