
This comprehensive report synthesizes data from recent investor documents and concall transcripts of key players in the Hotels & Restaurants sector, covering Q2 and H1 FY26 performance, strategic initiatives, market positioning, and future outlook. The analysis delves into industry-wide trends, financial health, competitive dynamics, operational characteristics, growth drivers, risk factors, capital allocation strategies, and future projections, providing a granular view of the sector's current state and anticipated trajectory.
The Indian Hotels & Restaurants sector is experiencing a robust growth phase, propelled by strong macroeconomic fundamentals, rising discretionary spending, and significant government focus on tourism infrastructure. The market is characterized by a dynamic interplay of luxury, upscale, mid-scale, and budget segments, catering to diverse customer preferences ranging from corporate and MICE (Meetings, Incentives, Conferences, and Exhibitions) to leisure, spiritual, and experiential travel.
Total Addressable Market Size and Growth Rates: The Indian Travel & Tourism industry is projected to reach a substantial US$ 512 billion by 2028, indicating a significant growth runway. The hospitality sector within this is expected to grow at a 12-14% CAGR through FY28, with demand for hotel
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