Become the owner of a hotel with a sign emblazoned with the logo of one of the biggest hotel brands in the industry.The Hospitality Industry in India is estimated at USD 23.50 billion in 2023 and is expected to reach USD 29.61 billion by 2028, growing at a CAGR of 8% during the forecast period (2023-2028).Is a steady market to a safe business to delve in. A good hotel is a priority whenever one is travelling be it for a business trip, leisure trip or a family trip hotel are on the top importance for anyone.India being one the most popular travel destinations across the globe has resulted in the Indian tourism and hospitality industry to emerge as one of the key drivers of growth among the services sector in India.International hotel chains are increasing their presence in the country, and it will account for around 50% share in the tourism and hospitality sector of India by 2023
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QSR Industry revenue estimated to grow by 20-25% in FY2024 over FY2023, driven by improving average daily sales (ADS) and store additions Operating margin to remain flat in the range of 20-22% for FY23-FY24, amidst inflation-related concernsupported by demand drivers like changing food consumption habits, favourable demographics, improving purchasing power, steady urbanisation, and new store additions.ATTEND
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