India Hospitality Market Forecast: USD 55.67 Billion by 2031 as Tourism Demand and Digital Bookings Continue to Rise
India Hospitality Market Overview The India Hospitality Market is expected to reach USD 55.67 billion by 2031 , growing from USD 27.96 billion in 2026 at a CAGR of 14.76% during the forecast period. According to Mordor Intelligence, the market is supported by rising domestic travel, improving tourism infrastructure, increasing hotel development, and wider use of online booking platforms. Hotels across business, leisure, and pilgrimage destinations continue to benefit from steady travel demand, while branded operators are expanding into both established cities and emerging locations. The India Hospitality Market Size reflects the growing role of organized accommodation providers as travelers seek reliable services, wider room choices, and convenient booking options. At the same time, the India Hospitality Industry is adapting to changing guest preferences by strengthening digital engagement and expanding through franchise and management agreements. India H...