India's listed hotel chains to add 70,000 keys to sector by 2030: CBRE
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India's listed hotel chains, including Indian Hotels and ITC Hotels, are set to add over 70,000 keys by 2030, driven by strong travel demand, according to CBRE. The market size is expected to grow from $24.6 billion in 2024 to $31 billion by 2029, with domestic tourism leading the charge. The sector is transitioning to structural maturity, with a focus on premium experiences. Investment activity surged, with hotel deal values reaching $456 million in 2025, a 2.5-fold increase from 2024. Overall occupancy levels hit 64%, supporting improved financial performance for operators.
Source: Business Standard The copyright of this article belongs to the original author/organization.
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