Hotel Association of India backs Modi's domestic tourism push, sees 25-30% forex earnings growth
Industry body welcomed PM's call to promote domestic tourism, projecting accelerated investment across mid-market, premium and luxury hotels, wellness retreats and convention centres. Radisson and other operators expected to ramp up India expansion as forex earnings could rise 25-30%.
What happened
Hotel Association of India welcomed PM Modi's call for domestic tourism, projecting 25-30% growth in tourism forex earnings and accelerated investment in
Key facts
- 25-30%
Why this matters
Scout acquisition targets in wellness retreats and convention-centre assets now, before the PM-backed tourism narrative compresses entry multiples across the segment.
Also reported by
- BL · Consumer & Economy — Same time