Hospitality’s revenue projected to grow at 7-9% for FY2025, 6-8% for FY2026: ICRA

ICRA expects Indian hospitality industry’s revenue to grow by 7-9 per cent YoY in FY2025 and 6-8 per cent YoY in FY2026. It estimates pan-India premium hotel occupancy to improve to 72-74 per cent in FY2026 from 70-72 per cent in FY2025. The ARRs for premium hotels may rise to ₹7,800-8,000 for FY2025 (up 8 per cent YoY) and to ₹8,000-8,400 in FY2026.