India hotel deals seen hitting ₹4,200 crore amid record IPO pipeline

Hotel occupancy is projected to rise to 70% by 2026, from 63–65% last year, and average room rates could jump by nearly a third from ₹7,800–8,000 a night, the report, titled 'HVS India Hospitality Industry Overview 2024', and shared exclusively with Mint, said.

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