2706 New Upscale Rooms Enter Indian Hotel Market
Market Analysis Report Highlights Growth in Indian Hospitality Sector
Sector Insights and Perspectives Revealed by WEB SKYE Hospitality
The Indian hospitality market has witnessed a significant rise in the number of new rooms entering the market in the first half (H1) of 2024, as reported by WEB SKYE Hospitality's latest report.
According to the analysis, a total of 2706 rooms have been added to the market during H1 2024. Notably, 994 of these new rooms (37 percent) belong to the upscale segment.
This expansion in the upscale and premium hotel segments is seen as a positive boost for the Indian hospitality industry. The report also provides valuable insights and perspectives on the current state and future prospects of the sector.
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