The Number of rooms in Budget hotels in India, attained a value of 612,343 in 2023
The indicator recorded a historical growth CAGR of 5.83% between 2020 to 2023, and is expected to grow by ...
GlobalData projects the indicator to grow ...
Hotels & Motels in India
The hotels & motels industry consists of establishments that provide paid lodging and full guest services, typically with a continuous staff presence. In the case of motels, this includes off-street parking facilities, but not necessarily meal services.
Category segmentation
Room revenue is the largest segment of the hotels & motels industry in India, accounting for the largest share of the industry's total value.
The Non-room revenue segment accounts for the second-largest share of the industry.
Geography segmentation
India accounts for a significant share of the Asia-Pacific hotels & motels industry value.
China accounts for the largest share of the Asia-Pacific industry.
Leading hotels and motels company profiles in India
Marriott International Inc (Marriott) is a hospitality service provider that operates hotels and restaurants. It operates franchises and licenses hotels, residential and timeshare properties under several luxury segments, premium and select brand names.
Its brands include the Ritz-Carlton, JW Marriott, St. Regis, Westin, Renaissance, Marriott Hotels, Le Meridien, Gaylord Hotels, Marriott Executive Apartments, Delta Hotels, Tribute Portfolio, Design Hotels, Courtyard and SpringHill Suites. Marriott offers accommodation, hotel reservations, timeshare vacations, flight and hotel packages, and car rentals services.
The Indian Hotels Company Ltd (IHCL) is an international leisure and hotel service company. It operates hotels under the brand names of SeleQtions, Vivanta, The Gateway, Ginger, Expressions, TajSATS and Taj. The company also operates luxury residences Taj Wellington Mews in Mumbai, India. The hotels are facilitated with restaurants and lounge bars including Bombay Brasserie, Wasabi, Golden Dragon, Thai Pavilion and House of Ming. IHCL also offers holiday packages through Taj Holidays; and wedding planning services through Taj Wedding Studioers. It also offers Loyalty Programs through Taj InnerCircle, Warmer Welcomes and Taj Experiences Gift Cards.
It has operations in Maldives, India, Malaysia, Bhutan, the UK, Nepal, the US, the UAE, Sri Lanka, South Africa, and Zambia. IHCL is headquartered in Mumbai, Maharashtra, India.
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