The Indian hotel market is estimated at US$32 billion in FY20 and is projected to reach US$52 billion by FY27.
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Mahendra Lochhab
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India's travel and tourism industry is a major economic driver, contributing significantly to GDP and employment, with a projected growth of 7.1% annually. It's expected to reach US$125 billion by FY27.
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Mahendra Lochhab
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The hotel industry in India is growing, with the market size projected to reach $31.01 billion by 2029.