With surge in demand, branded hotels to log 13-14% revenue growth in FY24-25, 11-12% in next fiscal: CRISIL

According to a report by CRISIL Ratings, branded hotels are expected to post double-digit revenue growth of 13-14% this fiscal and 11-12% in the next, fuelled by demand outpacing supply. While domestic leisure and business travel will continue to be the primary demand drivers, growing traction in the MICE segment and pickup in foreign tourist arrivals will provide an additional fillip.