The Number of rooms in Midscale hotels in India, attained a value of 32,169 in 2023
The indicator recorded a historical growth CAGR of 3.84% 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.
How has the COVID-19 pandemic impacted leading players?
The COVID-19 pandemic has had a devastating impact on the hotels and motels industry. During the peak of the global pandemic, the vast majority of hotels experienced little to no revenue as occupancy rates plummeted.
The COVID-19 pandemic and its consequences have dramatically reduced travel and demand for hotel rooms, which has had, and is expected to continue to have, a material adverse impact on the hospitality industry and its players. Some leading players have implemented strategies to minimize the impact of the pandemic and increase their chances of a strong recovery in a post pandemic environment.
Who are the leading players?
The leading player in the Indian hotels and motels industry is Marriott International, with approximately many establishments in operation across the country. The company operates a variety of brands within the upscale and luxury segments.
OYO Hotels is an Indian hotel chain and one of the fastest-growing hotel companies worldwide. The company operates a portfolio of real estate as well as rental homes across countries including China, the US, the UK, and India.
Sarovar Hotels operates as a leading player in the Indian hotels and motels industry, operating across the country. The company offers a range of accommodations ranging from budget to luxury. The company’s brands include Sarovar Premiere, Sarovar Portico, Hometel, The Oriental Blossom, and Geoffrey’s The Pub.
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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