India Mid-Scale Hotels Market Report 2025: Bleisure Travel Fuels Demand in Business Hubs [Yahoo! Finance Canada]
Lloyds Banking Group Plc American Depositary Shares (LYG)
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Source: Yahoo! Finance Canada
Dublin, April 11, 2025 (GLOBE NEWSWIRE) -- The "India Mid-Scale Hotels Market Outlook to 2029" report has been added to ResearchAndMarkets.com's offering. India's Mid-Scale Hotels Market has experienced significant growth, reaching a market size of INR 315 Billion driven by the expansion of domestic tourism and the rising disposable incomes of the middle class. This growth is further supported by the increasing demand for quality yet affordable accommodations among both business and leisure travelers. The proliferation of branded mid-scale hotels across the country has also contributed to this upward trend. Major urban centers such as Mumbai, Delhi, Bengaluru, Hyderabad, and Chennai dominate the mid-scale hotel market in India. These cities serve as key business and tourism hubs, attracting a substantial number of travelers seeking mid-range accommodations. The concentration of corporate offices, industrial activities, and cultural attractions in these areas drives the demand for
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