New Delhi [India], February 9: India's hospitality sector stands at an inflection point. With international tourist arrivals projected to surpass pre-pandemic levels and domestic travel reaching new heights, hotels across the country are experiencing unprecedented demand. Yet beneath this bo
Demand for hotels in India is expected to continue to outpace the supply addition, at least over the next three years, rating agency ICRA said Monday, inferring that the demand-supply mismatch augurs well for the pricing environment and occupancies for the key hospitality space.