Leading hotel chains are utilising cutting-edge technologies like artificial intelligence, machine learning, IoT and near-field communication, mobile payment, and data analytics to increase online reservations, increase return on advertising spend, better understand guest preferences, and forge stronger relationships with customers. Over the projection period, these technologies are anticipated to open up significant market prospects.
India Hotels Market revenue was US$ 24.7 Bn in 2020 and is expected to reach US$ 45.44 Bn. by 2027 at a CAGR 9.1% through out the forecast period.
India Hotels Market Overview:
India Hotels Market research evaluates the primary characteristics of the market based on supply, demand, feasibility, and current trends. The India Hotels Market research also includes forecasts for the years 2022-2027. The India Hotels report estimates and forecasts potential growth in the worldwide India Hotels market at each point in time, based on statistical data and in-depth research, taking into account both qualitative and quantitative values of significant elements such as historical, current, and future trends. The study examines the current India Hotels market as well as the global market's potential. A complete examination of corporate execution, market share, and cost analysis data is also included in the research.
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Market Key companies:
• OYO
• Lemon Tree Hotel
• Treebo
• Hyatt Hotels Corporation
• InterContinental Hotel Groups
• Marriott International
• Radisson Blue Hotels
• Shangri La Hotels Resorts
• Taj Hotels Resorts Places
• The Lalit Hotels
• The Leela Palace
• The Oberoi Group
• The Park Hotels
• Bharat Hotels Limited
• Hotel Leelaventure Limited
• ITC Hotels Limited
• The Indian Hotels Company Limited
• Sarovar Hotels Private Limited
• Marriott Hotels India Private Limited
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