Tag Archives: hospitality sector

India’s hospitality sector is witnessing one of its strongest growth phases, driven by rising investor confidence in the country’s hospitality industry across institutional investors and family offices. According to Xander Nijnens, Senior MD, JLL Hotels & Hospitality, and Gaurav Sharma, Managing Director, Hotels India, the sector is witnessing record levels of signings and transactions. This heightened activity is significantly boosting industry performance and overall market momentum.

India’s hospitality sector is poised for a record year-end, driven by 4.5 million weddings, strong business travel, and robust MICE demand expected in November and December. Hotel rates and occupancy are projected to surpass 2024’s highs. Rikant Pittie, CEO & Co-founder, EaseMyTrip, said bookings are nearly 14% higher than last year, with strong advance demand for group and long-stay itineraries.