India Hotel Market And Size Forecast Report 2024-2030

India Hotel Market will reach US$ 47.50 Billion in 2030, according to Renub Research. The hotel industry in India has witnessed moderate growth in recent years and shows significant potential for even more tremendous growth in the future. Furthermore, with its rich culture and diversity, India attracts many tourists worldwide, particularly as a destination for spiritual tourism. As a result, India's position in the World Economic Forum's (WEF) travel and tourism competitiveness index has improved from 65th in 2013 to 54th in 2021, reflecting its growing prominence in global tourism.