Renub Research has recently published a report named "India Hotel Market, Size, Forecast 2023-2030, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis" providing a detailed industry analysis that consists of market share insights. Furthermore, the report comprises competitor and regional research and contemporary extension in the India Hotel Market. India hotel market shall grow at a CAGR of 9.02% from 2022 to 2030. The tourism industry in India has witnessed a substantial rise in both domestic and international travel, encompassing leisure, business, and medical purposes. In February 2023, the number of Foreign Tourist Arrivals reached 865,779, showing a significant increase compared to 240,896 in February 2022. In addition, the expanding middle class and rising disposable incomes have increased travel and accommodation spending.
