Skip to content

Search

Latest Stories

Report: Indian hospitality to hit $13 billion by 2027

The surge is driven by domestic tourism, foreign arrivals and MICE growth

Report: Indian Hospitality to hit $13 Billion by 2027

The Indian hospitality industry is projected to grow steadily despite regional tensions and geopolitical uncertainty, with revenue expected to exceed $12.8 billion by the 2027, according to Rubix Data Sciences. Pictured is the Taj Mahal Palace hotel near the Gateway of India in Mumbai.

THE INDIAN HOSPITALITY industry is projected to grow steadily despite regional tensions and geopolitical uncertainty, according to Rubix Data Sciences. Revenue is expected to surpass ₹1.1 trillion (around $12.8 billion) by the 2027 financial year, growing at a CAGR of 10.5 percent.

This surge is driven by a rebound in domestic tourism, rising foreign tourist arrivals, and rapid growth in the meetings, incentives, conferences, and exhibitions segment, ANI reported, citing the Rubix report.


“India's hospitality sector is no longer metro-centric; it is thriving in new routes driven by local demand, spiritual tourism, and mid-range experiences,” Mohan Ramaswamy, Rubix CEO and co-founder, was quoted as saying. With the industry set to cross ₹1 trillion by fiscal year 2027, the size of the opportunity is huge—but so is the need for risk-aware growth.

Domestic travelers accounted for 50 percent of incremental revenue growth, followed by foreign tourist arrivals at 30 percent and MICE at 20 percent, the report noted.

India's hospitality sector rebounded strongly from the pandemic, with occupancy rising from 35 percent to 68 percent in fiscal 2024. Branded hotels led the recovery, posting a decade-high ADR of about ₹7,500 (around $90) and RevPAR of about ₹5,439 (around $65).

Western India recorded the highest RevPAR and an occupancy rate of 69.5 percent, with emerging high-yield markets including Rishikesh, Udaipur and Varanasi, the report said. Supported by infrastructure spending, state tourism initiatives, and digital-first travel behavior, India's hospitality sector is entering a structurally stronger phase.

However, the Indian hospitality and travel sectors faced a severe crisis after “Operation Sindoor,” with over half of bookings canceled in major cities and online travel platforms suspending international services.


More for you

Radisson Hotel Group Scales Up Youth Training in India

RHG scales up youth training in India

Summary:

  • Radisson Hotel Group is expanding youth training in India to mark World Youth Skills Day on July 15, training more than 300 individuals in hospitality roles.
  • The initiative includes 70 participants from Jammu & Kashmir, with 34 per cent women.
  • About 70 per cent of RHG’s General Manager roles are filled internally, supported by Radisson Academy Online and Typsy, which have delivered over 92,000 training hours and 111,000 certificates.

RADISSON HOTEL GROUP expanded its youth training and employment programs in India to mark World Youth Skills Day on July 15. The company is working with the Tourism & Hospitality Skill Council and The Job Plus to train more than 308 individuals in hospitality skills across India.

Keep ReadingShow less
AAIB: Fuel Cutoff Triggered Air India Crash—Preliminary
Photo by Basit Zargar/AFP.

AAIB report: Fuel cutoff triggered Air India crash

Summary:

  • A preliminary report on the July 12 Air India crash in Ahmedabad found fuel to the airplane’s engines was cut off.
  • One pilot asked the other why he cut off fuel, the other denied it.
  • Air India will cut international widebody service by 15 percent through mid-July after the crash.

INDIA’S AIRCRAFT ACCIDENT Investigation Bureau’s preliminary report found that fuel to the Boeing 787-8’s engines was cut off, indicating pilot action may have caused the crash. No actions are recommended for Boeing 787-8 or GEnx-1B operators at this stage.

Keep ReadingShow less
Marriott hotel expansion South Asia

Ventive, Marriott ink 7-hotel deal for India, Sri Lanka

Summary:

  • Ventive Hospitality entered management contracts with Marriott International for seven hotels with 1,548 rooms in India and Sri Lanka.
  • The deal includes brand debuts in Sri Lanka, Varanasi, Pune, Navi Mumbai and Mundra, with plans for a hotel on Ventive’s leasehold land in Mundra.
  • Three properties involve capital expenditure of Rs 700 to 750 crore and are on Ventive’s balance sheet.

VENTIVE HOSPITALITY ENTERED management contracts with Marriott International for seven hotels totaling 1,548 rooms in India and Sri Lanka, all scheduled to open in 2030. The partnership will increase Ventive’s portfolio from 11 hotels in India and the Maldives with 2,000 keys to more than 4,000 keys in four to five years.

Keep ReadingShow less
OYO adds 50 DanCenter units in India, Q1
Photo credit: OYO

OYO adds 50 DanCenters in Q1

Summary:

  • DanCenter, OYO’s vacation rental brand, added 50 homes in India in Q1 FY26.
  • Its first property, a set of 3BHK villas, opened in Siolim, North Goa in February.
  • The parent brand, founded in 1957 in Denmark, manages 12,000 homes across Denmark, Sweden, Norway and Germany.

OYO, THE INDIAN hotel technology firm, added 50 new DanCenter units, its European vacation rental brand, throughout India in the first quarter of that country’s fiscal year 2026. The company plans to expand by 200 more homes by the end of the financial year, strengthening its presence in the country’s vacation rental market.

Keep ReadingShow less
Taj Hotels crowned India’s strongest brand with global expansion

Taj India’s strongest brand for fourth year

Summary:

  • Taj Hotels ranks as India’s strongest brand for the fourth year, according to Brand Finance.
  • Brand value rose 22 percent to $664 million, with a Brand Strength Index of 92.2 and an AAA+ rating.
  • Growth is driven by an asset-light domestic strategy, wider segment presence and global expansion.

INDIAN HOTELS COMPANY-owned Taj Hotels has been named India’s strongest brand across sectors for the fourth year in a row, according to Brand Finance. Taj operates more than 130 hotels in 14 countries, including palaces, city hotels, safari lodges, resorts and serviced residences.

Keep ReadingShow less