The hotel market in India was valued at around 32 billion U.S. dollars in financial year 2020. This was projected to grow to around 52 billion U.S. dollars by 2027. Around 80 percent of the revenue came from domestic market during the same time period.
Value of hotel market in India from financial year 2018 to 2020, with an estimate for 2027
(in billion U.S. dollars)
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Redseer. (October 1, 2021). Value of hotel market in India from financial year 2018 to 2020, with an estimate for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/750931/india-value-of-hotel-bookings/
Redseer. "Value of hotel market in India from financial year 2018 to 2020, with an estimate for 2027 (in billion U.S. dollars)." Chart. October 1, 2021. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/750931/india-value-of-hotel-bookings/
Redseer. (2021). Value of hotel market in India from financial year 2018 to 2020, with an estimate for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/750931/india-value-of-hotel-bookings/
Redseer. "Value of Hotel Market in India from Financial Year 2018 to 2020, with An Estimate for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Oct 2021, https://www.statista.com/statistics/750931/india-value-of-hotel-bookings/
Redseer, Value of hotel market in India from financial year 2018 to 2020, with an estimate for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/750931/india-value-of-hotel-bookings/ (last visited November 03, 2024)
Value of hotel market in India from financial year 2018 to 2020, with an estimate for 2027 (in billion U.S. dollars) [Graph], Redseer, October 1, 2021. [Online]. Available: https://www.statista.com/statistics/750931/india-value-of-hotel-bookings/
