Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
The HVS Anarock HOPE 2025 conference in Goa showcased India's booming hospitality sector, led by Wyndham Hotels & Resorts, which has doubled its footprint in seven years, now with 70 hotels and 50+ projects in the pipeline. India's infrastructure growth is fueling hotel expansion beyond metros, with 74% of 2024's 47,500 new rooms signed in tier-II, III, and IV cities. Niche tourism segments like faith, wellness, and adventure travel are driving demand. With strong market trends, India's hospitality sector is poised for rapid expansion.
The HVS Anarock HOPE 2025 hotelier's conference in Goa has also drawn massive attention to India's evolving hotel market, identifying top investment trends and expansion plans. Leading those is Wyndham Hotels & Resorts, which is relying on the next generation of Indian hotel developers to power its expansion. Advertisement
The head of Wyndham Hotels, who was at the summit, spoke about how hotel owners' tastes were changing the company's India strategy. According to him, such owners prefer to own their own hotels rather than resorting to third-party management companies, which are costly. This trend has enabled Wyndham to nearly double its presence in India over the past seven years, growing from 35 to nearly 70 operating hotels. Its development pipeline has also grown from a dozen projects to more than 50, with the majority of new properties in the mid-scale and above segments.
One of the dominant themes at the summit was India's ongoing infrastructure boom, which will create a wave of demand for quality and value hotels. Ballotti pointed out that India's infrastructure growth, particularly in highways and airports, is making several markets more accessible and attractive for hospitality investments. Comparing India's hotel industry with other markets like China, Thailand, and the US, he pointed out the increasing demand for clean, new, and affordable rooms in emerging markets.
Discussions during the summit also addressed how India's hospitality sector is expanding beyond the nation's larger metropolitan cities such as Delhi, Mumbai, and Bengaluru. The HVS Anarock HOPE 2025 Special report, presented at the event, reported that over 47,500 hotel rooms were signed across over 486 properties in 2024, a record year for expansion. Significantly, 74% of new signings were in tier-II, III, and IV cities, up from 65% in 2019.
The report identified high-growth markets such as Sonmarg, Rudraprayag, Vrindavan, Bodhgaya, Ambaji, Omkareshwar, Yadagirigutta, Amravati, and Guruvayur. The study suggests this expansion will be driven by niche tourism segments such as faith tourism, adventure travel, food tourism, medical and wellness tourism, and destination weddings.
Along with hotel developments, luxury events and hospitality space is also seeing significant expansions in primary urban markets. A recent example is the opening of The Pavilion by The Quorum in Mumbai's Lower Parel, a luxury event space planned for business and lifestyle events. Situated within One International Center with Nucleus Office Parks, Blackstone India Real Estate's subsidiary, the 6,350 sq. ft. venue provides customized hospitality experiences made especially for corporate events, celebrations, and performances.
The HVS Anarock HOPE 2025 conference illuminated a dynamic and rapidly evolving Indian hospitality landscape. Driven by infrastructure development, shifting owner preferences, and the burgeoning potential of tier-II, III, and IV cities, the sector is poised for unprecedented growth.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
