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Hotel Sector

By Kirti Srinivasan , 16 April 2025
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The Rise of Branded Residences and Resorts: India’s Expanding Luxury Market

The branded residences and resorts market in India is poised for significant growth, with projections estimating it will reach USD 1 billion by 2027. This sector, already witnessing strong demand from domestic leisure and business travelers, is anticipated to expand at 11-12% annually through 2025-2026 and continue at a rate of 15% by 2030. Key growth drivers include the growing popularity of the MICE (Meetings, Incentives, Conventions, and Exhibitions) segment, increased foreign tourist arrivals, and urban affluence.

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