Hotel industry to grow from US$ 32 bn to US$ 52 bn: K Syama Raju

According to K Syama Raju, President, FHRAI, India’s hospitality and tourism sectors have a promising future, with significant growth anticipated from 2025 onward. He projects domestic tourism growth of 15 to 20 per cent, fueled by government initiatives. The overall travel market is expected to reach $125 billion by FY27, with the hotel market expanding from $32 billion in FY20 to $52 billion.