Tourism boom: India’s hospitality sector to touch $60 bn by 2028; domestic travel to drive surge, says report

India’s tourism and hospitality sector is poised for substantial growth, projected to reach nearly $60 billion by 2028, fueled by a surge in domestic travel. Domestic visitors are expected to double by 2030, driving demand for quality accommodation. Despite a demand-supply gap, particularly in the luxury segment, the industry is expected to maintain a high growth trajectory.

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