Hospitality sector: 3 reasons why ICRA predicts 12% growth
Hospitality sector: 3 reasons why ICRA predicts 12% growth is drawing significant interest across the industry.
ICRA report projects 9-12% revenue growth for India’s hospitality sector in FY26, with strong demand and higher room rates driving margins. Premium hotel occupancy at 72-74%, ARRs to increase to Rs 8,200-8,500 per night. Diversified demand drivers and asset-light expansion models support sector’s resilience. Operating margins expected to be 34-36% in FY26, outpacing pre-Covid levels. | financialexpress.com
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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