The Economic Times

India's hospitality sector enters a 'golden cycle' as luxury demand outpaces supply: Nomura

India's hotel industry is entering a strong growth phase. Average daily rates are rising, and investment returns are attractive. Demand is outstripping supply, especially for luxury hotels. This trend is driven by increased spending from wealthy individuals and a rise in business and tourism travel. The weakening rupee also makes India a more appealing destination for foreign visitors.