Consumer Goods and Retail Report Blog

  Rising urbanization, increasing foreign & domestic tourist arrivals coupled with expanding middle class and young working population to drive hotel market in India  According to a recently released TechSci Research report,  “ India Hotel Market  By Hotel Type, By Revenue Streams, By Booking Type, By Region, By Major City, Competition, Forecast & Opportunities, 2025 ” ,  hotel market in India is projected to grow at a CAGR of around 15% during the forecast period 2020 – 2025 on account of increasing number of foreign and domestic tourist arrivals, rising internet penetration, growing disposable income, increasing passion towards travelling among youngsters and expansion of the online channel booking due to the higher discount availability.  Also, increasing urbanization,   evolving lifestyles, and growing nuclear families in India are positively influencing the market. Moreover, improved air connectivity is also significantly aiding the countr...

  Rising urbanization, increasing foreign & domestic tourist arrivals coupled with expanding middle class and young working population to drive hotel market in India  According to a recently released TechSci Research report,  “ India Hotel Market  By Hotel Type, By Revenue Streams, By Booking Type, By Region, By Major City, Competition, Forecast & Opportunities, 2025 ” ,  hotel market in India is projected to grow at a CAGR of around 15% during the forecast period 2020 – 2025 on account of increasing number of foreign and domestic tourist arrivals, rising internet penetration, growing disposable income, increasing passion towards travelling among youngsters and expansion of the online channel booking due to the higher discount availability.  Also, increasing urbanization,   evolving lifestyles, and growing nuclear families in India are positively influencing the market. Moreover, improved air connectivity is also significantly aiding the countr...