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Number of rooms in Upscale hotels: India, 2020 - 2027

Industry: Hotels
Current: Other Industry Indicators

The Number of rooms in Upscale hotels in India, attained a value of 27,161 in 2023
The indicator recorded a historical growth CAGR of 4.07% between 2020 to 2023, and is expected to grow by ...
GlobalData projects the indicator to grow ...

Number of rooms in Upscale hotels: India, 2020 - 2027

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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.

Competitive landscape

The Indian hotels and motels industry is dominated by large chains that operate across the budget, midscale, and upscale segments. Large-scale players such as Marriott, The Indian Hotels Company Ltd, Sarovar Hotels, and AccorHotels dominate this industry but operate alongside a large number of smaller, independent competitors.

In recent years, Indian hotel chains have come under pressure from emerging competition led by the start-up OYO, which has taken the budget hotel market by storm. The leading players in this industry tend to operate a variety of brands to appeal to a larger number of consumers.

All players in this industry face the growing threat posed by short-term rental companies such as Airbnb. The COVID-19 pandemic heightened competition amongst the leading players in 2020, all of which will be looking to take advantage of the rebound expected over the coming years.

Leading hotels and motels company profiles in India

Marriott International Inc

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

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.