Why midscale is the sweet spot in India’s hotel market
India's hotel expansion is shifting towards midscale hotels, projected to make up 39% of future hotel room supply. The country expects to have 350,400 branded rooms by 2030, driven by domestic demand, with growth expanding into tier-2 and tier-3 cities amidst rising construction costs.
India's hotel expansion is shifting towards midscale hotels, projected to make up 39% of future hotel room supply. The country expects to have 350,400 branded rooms by 2030, driven by domestic demand, with growth expanding into tier-2 and tier-3 cities amidst rising construction costs.
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