Premiumisation in Hospitality and Dining Experiences Part 1

Strong Domestic Travel Demand: Domestic tourism is projected to remain strong in 2025, supported by increased disposable incomes, long weekends, and improved infrastructure such as regional airports and highways. Source: CRISIL Rising Footfall in Organized Entertainment: Multiplex chains, theme parks, and experiential entertainment venues are witnessing increased customer footfall due to urban lifestyle shifts and preference for leisure spending. Source: ICICI Securities Revival of International Travel and Outbound Tourism: Outbound travel is expected to grow 10–15% YoY in 2025, benefiting companies offering packaged leisure services and online travel booking platforms. Source: ICRA