New Delhi: India's hotel industry is projected to experience stronger growth in the second half of FY27, driven by robust domestic leisure demand and a steady rebound in corporate and international travel, PhillipCapital said in a sector report.
The hospitality sector remained resilient in the first quarter despite geopolitical disruptions, with industry occupancy rising 2-4 percentage points year-on-year, average room rates (ARR) increasing 6-8 per cent and revenue per available room (RevPAR) growing 11-13 per cent, according to the report.
