India's Hotel Capacity Needs Major Expansion, up to 2.1 Lakh Rooms Required by 2035: Report

India's hotel capacity needs major expansion, up to 2.1 lakh rooms required by 2035: Report

India will need an estimated 1.9 lakh to 2.1 lakh additional hotel rooms by 2035, translating into 120-125 million square feet of new hospitality real estate, as rising domestic tourism, business travel and demand for premium experiences drive sectoral expansion, according to a report by CBRE.

India Hotel Capacity: 2.1 Lakh New Rooms Required by 2035

NEW DELHI — India’s commercial real estate footprint is preparing for an extensive hospitality buildout, with developers needing to add between 1.9 lakh and 2.1 lakh hotel rooms by 2035 to keep pace with soaring travel demand, according to findings released Thursday by real estate services firm CBRE. Absorbing that capacity will require constructing roughly […]

India’s hospitality sector likely to need up to 125 mn sq. ft. more space by 2035

Digital Desk | New Delhi, Oct 22 (IANS) India’s organised hospitality sector is estimated to require roughly 120–125 million sq. ft. of additional real estate by 2035, equivalent to around 1,90,000–2,10,000 incremental hotel keys, a report said on Thursday. The report from CBRE Research said the hospitality sector attracted approximately $905 million in real estate investments between 2024 and H1 2026. The opportunity spans economy, midscale,…

India’s hotel sector needs major expansion by 2035: Report

India will need an estimated 1.9 lakh to 2.1 lakh additional hotel rooms by 2035, translating into 120-125 million square feet of new hospitality real estate, as rising domestic tourism, business travel and demand for premium experiences drive sectoral expansion, according to a report by CBRE.