New Delhi, April 14 — India’s listed hotel operators are projected to add more than 70,000 keys by 2030 as the sector moves from post‑pandemic recovery into structural maturity, a CBRE South Asia report said on Tuesday. The report forecasts the industry’s market size to grow from $24.6 billion in 2024 to about $31 billion by 2029, powered largely by a surge in domestic tourism that rose 40% year‑on‑year to 4.1 billion visits in 2025.
CBRE said the 2025 supply pipeline shifted decisively toward premiumisation to meet rising consumer demand for luxury experiences. Upper Midscale, Upper Upscale and Upscale hotels made up roughly 60% of new openings last year, signalling a move up the value chain and greater focus on branded inventory in higher segments.
Investment activity also strengthened: total hotel deal value climbed about 2.5‑fold year‑on‑year in 2025 to roughly $456 million. Since 2024 the sector has seen a marked increase in institutional investment, with large players acquiring significant stakes across portfolios. Anshuman Magazine, Chairman and CEO for CBRE in India, South‑East Asia, Middle East & Africa, described the trend as evidence of “India’s economic resilience,” noting that rising incomes and improved infrastructure are widening travel access and demand.
The industry sustained momentum through 2025 despite year‑end headwinds such as geopolitical tensions and aviation disruptions. Average occupancy was around 64% for the year, revenue per available room (RevPAR) rose about 11% year‑on‑year, and average daily rates (ADR) increased 8.7%, the report said.
CBRE analysts added that investor interest is diversifying beyond traditional urban markets into leisure destinations, pilgrimage centres and emerging commercial cities where branded supply is constrained. Rami Kaushal, MD of Consulting & Valuations for CBRE in the region, said investors are increasingly targeting “leisure destinations, pilgrimage centres and emerging commercial cities,” underscoring a shift toward experience‑driven travel and long‑term, institutionalised demand across India’s hospitality ecosystem. Reported by IANS.
Original Source: https://theshillongtimes.com/2026/04/14/indias-listed-hotel-operators-to-add-over-70000-keys-by-2030-report/
Category: NATIONAL,News Alert
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Publish Date: 2026-04-14 13:23:00
