India poised for hospitality boom as hotel brands such as Hilton, Radisson race to meet surging demand from tourists

The country’s huge and increasingly prosperous population – it recently superseded China as the world’s most populous country – and an estimated threefold rise in foreign tourists in the next few years will ensure a race among hospitality providers to meet rapidly expanding demand for accommodation, analysts said.

American hotel operators Hilton and Radisson Hotel Group (RHG) are rushing to capture a share of the growing Indian market. Hilton is planning to double its portfolio there every three to five years, according to Alan Watts, its Asia-Pacific president. RHG, meanwhile, aims to open its very first Radisson Collection hotel, in India in 2026.

Global sporting events and political gatherings are helping prime the market for a near-term boom, guaranteeing vast waves of visitors from overseas.

02:36

India set to overtake China as the world’s most populous country in 2023, UN predicts

India set to overtake China as the world’s most populous country in 2023, UN predicts

The Cricket World Cup will be held in the last quarter of the year in the western coast city of Ahmedabad, and the biennial South Asian Football Federation championship will take place in June and July in Bangalore, the capital of southern Karnataka state.

Source link

Visited 1 times, 1 visit(s) today

Related Article

A smiling Mao Zedong, chairman of the Chinese Communist Party, chats with villagers in an agricultural co-op during an inspection tour in Henan Province, China on July 19, 1962. Such cooperatives were absorbed in the communes which Mao developed several years earlier. The results of the switch, plus natural disasters, brought economic wounds which were long in healing.(AP Photo)

How the persecution of sparrows killed 2m people

IN 1958, UNDER the rule of Mao Zedong, China began the Great Leap Forward, a four-year attempt to transform the country from an agrarian society into a modern industrialised one. It was a disaster: the industrialisation was stillborn, and the collectivisation of farming caused one of the biggest famines ever recorded. Somewhere between 15m and

23 October 2025

Hong Kong stocks slip as investors look for signs of easing global tensions

Hong Kong stocks wavered on Thursday, as investors looked for signs of easing geopolitical tensions following US leader Donald Trump’s remarks that he would “make a deal” with Chinese President Xi Jinping when they “meet next week” in South Korea. The Hang Seng Index fell 0.4 per cent to 25,682.73 as of 9.50am local time,

23 October 2025
Cornelius Griggs, president and CEO of GMA Construction Group, speaks at an event at Back of the Yards College Preparatory High School on Aug. 23, 2021. (Raquel Zaldivar/Chicago Tribune)

Mayor Brandon Johnson’s political fund returns $120K from PACs connected to city vendors

Mayor Brandon Johnson’s campaign last quarter returned $120,000 from two political action committees both led by developers with active city contracts, the latest instances of his political fund giving back money amid ethical and accounting issues. At the end of August, Johnson’s campaign fund gave back $71,000 to Leaders for Tomorrow and $48,500 to ZPACT,

23 October 2025

Aaron Judge, Cam Skattebo take in celebrity-packed Knicks season opener

The Knicks’ season is back — and that means celebrities are out in full force at Madison Square Garden. Among them were Yankees superstar Aaron Judge and his wife, Samantha Bracksieck, who took in the action on Wednesday night as the Knicks opened up the 2025-26 campaign on their home court. Judge, who hit 53

23 October 2025