India’s Hotel Industry Set for Sustained Growth as Demand Outpaces Supply: Report
12 Dec 2024
A recent report by Axis Capital has predicted that India's hotel industry is set for sustained growth, driven by a favourable supply-demand dynamic and structural growth drivers. The report forecasts a 12% compound annual growth rate (CAGR) in demand for FY24-27E, outpacing a more restrained 9% CAGR in supply. The...
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