INDIA'S LISTED HOTEL OPERATORS MAY ADD 70,000 KEYS BY THE YEAR 2030
India’s listed hotel operators are expected to add over 70,000 keys by 2030 to capitalise on strong underlying growth potential marked by disciplined expansion and pricing stability. As the hotel industry shifts towards experience-driven travel and captures institutional demand across spiritual and cultural centres, one can expect robust, long-term growth for India’s hospitality ecosystem.
In fact, the hotel industry’s market size is projected to grow from approximately $24.6 billion in 2024 to around $31 billion by 2029. Domestic tourism is likely to drive this expansion, having recorded a 40% year-on-year rise in visits to 4.1 billion in 2025.
Some of the listed hotel stocks that are set to benefit from this growth are