Hospitality Sector Seeks Infrastructure Status to Boost Growth
The Hospitality sector in India has renewed its demand for infrastructure status, with the Hotel Association of India (HAI) urging the Government of India to include this reform in the upcoming Union Budget.
India’s Hotel Market Set for Strong Growth Through 2030
India’s hospitality sector is poised for a sustained growth phase, with industry projections estimating hotel revenues to grow at a robust 15–17% compound annual growth rate (CAGR) through 2030—nearly double the global hospitality growth average.
Tata Group’s IHCL Acquires Majority Stake in Clarks Hotels & Resorts
The Indian hospitality sector continues to witness significant consolidation and strategic expansion as The Indian Hotels Company Limited (IHCL)