India’s hospitality sector remains upbeat yet cautious amid global uncertainty, with optimism tempered by the conflict in West Asia. K B Kachru, president of the Hotel Association of India (HAI) and chairman – South Asia, Radisson Hotel Group spoke of the country’s vast demand–supply gap continues to drive growth, especially across Tier 2 and Tier 3 cities, even as investors and owners seek stronger returns on investment in an increasingly competitive market.India’s hospitality sector remains upbeat yet cautious amid global uncertainty, with optimism tempered by the conflict in West Asia. K B Kachru, president of the Hotel Association of India (HAI) and chairman – South Asia, Radisson Hotel Group spoke of the country’s vast demand–supply gap continues to drive growth, especially across Tier 2 and Tier 3 cities, even as investors and owners seek stronger returns on investment in an increasingly competitive market.
Indian hotel industry ‘cautiously optimistic’ as demand continues to grow beyond major cities
