India Hotels Market Key Finding, Latest Trends Analysis, Progression Status And Revenue

The India Hotels Market size was valued at USD 32.10 Billion in 2023 and the total India Hotels revenue is expected to grow at a CAGR of 9.4% from 2024 to 2030, reaching nearly USD 59.44 Billion by 2030.

India Hotels Market Overview

The term “India Hotels Market” describes the entire sector of the economy that deals with lodging services offered by hostels in different cities and popular tourist locations. It comprises lodging options for both domestic and foreign tourists, including as resorts, homestays, and luxury and affordable hotels. Advanced applications found in the India Hotels Market include digital room keys, touchless check-in and check-out, personalized concierge services via mobile apps, and AI chatbots for client care. These developments give visitors a smooth and convenient experience in addition to increasing operating efficiency. The official venue partner for the Third G20 Culture Working Group (CWG) and the Third G20 Summit, which are greatly anticipated by G20 members, is the Evolve Back Kamalapura Palace in Hampi.

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India Hotels Market Report Scope and Research Methodology

The portfolio, technology adoption, financial standing, merger and acquisition, joint ventures and strategic alliances are involved in the competitive environment for the India Hotels market. The report is an in-depth analysis of the India Hotels market provided with key findings including Pricing, investments, expansion plans, and physical presence in the India Hotels market. The bottom-up approach was used to understand the India Hotels market size estimation and growth rates in the report. The report provides information on the drivers, restraints, opportunities, and challenges of the India Hotels market.

On many fronts, raw market data is gathered and compiled. To make sure that only verified and authenticated sources are taken into consideration, data is constantly vetted. Furthermore, data is extracted from numerous reports within our repository and several well-known commercial databases. Understanding the entire value chain is crucial for a thorough understanding of the market, and we gather information from buyers, distributors, and suppliers of raw materials to make this process easier.

India Hotels Market Regional Insights

Regional analysis is conducted to assess the status of the India Hotels market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The India Hotels market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.

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India Hotels Market Segmentation

by Type of Hotel

Luxury Hotels
Economy Hotels
Resorts
Midscale and Upscale Hotels
Others

In terms of kind, chain hotels account for a large portion of the hospitality market in India, accounting for 40% of total revenue and property count, or a market value of India hotels. With more than 20–25 chain hotels that range in price from luxury to low-cost, they have influenced the market by offering consistent services, a recognizable brand, and dependability to visitors. The rise of this industry is driven by major global chains including AccorHotels, Marriott International, Hilton Worldwide, IHG, and Radisson Hotel Group. Their growth has been supported by elements like growing tourism, rising incomes, and shifting consumer preferences, especially into Tier-2, Tier-3, and emerging markets. Chain-style hotels are important participants in India’s hospitality market since they meet a variety of traveler needs and bring in a sizable amount of money for the sector.

by Ownership Model

Chain Hotels
Independent Hotels

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India Hotels Market Key Players

1. OYO(Gurugram, Haryana)
2. Lemon Tree Hotel(Delhi)
3. Treebo(Karnataka)
4. Hyatt Hotels Corporation(Chicago Chicago)
5. InterContinental Hotel Groups(United Kingdom)
6. Marriott International(United States)
7. Radisson Blue Hotels(Belgium)
8. Shangri La Hotels & Resorts(Hong Kong)
9. Taj Hotels Resorts & Places(Maharashtra)
10. The Lalit Hotels(New Delhi)
11. The Leela Palace(Maharashtra)
12. The Oberoi Group(Delhi)
13. The Park Hotels(West Bengal)
14. Bharat Hotels Limited(New Delhi)
15. Hotel Leelaventure Limited(Maharashtra)
16. ITC Hotels Limited(West Bengal)
17. The Indian Hotels Company Limited(Maharashtra)
18. Sarovar Hotels Private Limited(Maharashtra)

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Key questions answered in the India Hotels Market are:

What is India Hotels?
Which are the factors expected to drive the India Hotels market growth?
What are the different segments of the India Hotels Market?
What growth strategies are the players considering to increase their presence in India Hotels?
What are the upcoming industry applications and trends for the India Hotels Market?
What segments are covered in the India Hotels Market?
Who are the leading companies and what are their portfolios in India Hotels Market?
What segments are covered in the India Hotels Market?
Who are the key players in the India Hotels market?

Key Offerings:

Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

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