As India’s hospitality market hots up, hotel chains race to flag new hotels

“Except for some turbulence linked to the West Asian conflict in the last 30 days, macro indicators of the Indian hotel sector have rarely looked stronger,” said Achin Khanna, strategic consultant managing partner at hospitality consultancy Hotelivate. “Despite shocks like Covid and the subprime crisis of 2008, India’s hospitality sector has shown resilience and recovered quickly,” Khanna said. “In this environment, the current pace of hotel contracts is hardly surprising, with room demand expected to outpace supply for at least the next five years.”