India’s travel transforms: luxury up, access wider.✨🛣️

India’s hospitality is in a paradigm shift Key drivers of demand led expansion: Growth in Domestic Travel Spending – 7.8 % CAGR to ₹ 33,945 bn by 2034 Rising Demand for Luxury Travel Experiences – MakeMyTrip’s 2024 travel data shows hotel bookings priced > ₹ 10,000/night rose from 20% of total bookings in CY23 to 23% in CY24 Luxury Lifestyle & Branded Residences - Globally, branded residence market is growing at 12 % CAGR – India holds ~3 % of global branded residences (~2,900 units) this under-penetration represents a major opportunity Infrastructure Expansion Unlocking New Destinations – National highways network has increased from ~91,000 km in CY 14 to ~146,000 km in CY 24 – Airports have more than doubled (74 → 157 between CY 14 & CY 24), with a government target of 350 airports by CY47