14/4/2025, 6:51:02 pm

Indias hospitality transactions saw shift towards tier II, III cities

India’s hospitality sector saw steady growth in 2024, with a shift toward tier-II and III cities, accounting for nearly half of hotel transactions. The year recorded 25 deals, primarily in operational properties, driven by diverse investors. Greenfield projects surged, and tier-I cities maintained strong demand. The sector’s expansion is supported by robust domestic demand.