Red carpet for foreign arrivals, make ’India inevitable’: Hospitality sector’s New Year resolution

New Delhi, Dec 22 As the Indian hospitality industry prepares to uncork the champagne to welcome 2025, it is gearing up to roll out the red carpet to foreign tourists, whose arrivals are likely to cross pre-Covid levels next year while looking to continue its significant contribution to the country's economy and make 'India inevitable'. Expressing similar bullishness, Indian Hotels Company Ltd MD and CEO Puneet Chhatwal said India will continue to be among the fastest-growing major economies on its path to becoming the world's third largest global economy. "This coupled with limited supply addition in the country's top ten lodging markets, foreign tourist arrivals expected to exceed pre-Covid levels, and the permanent shift in consumer behaviour with travel becoming a non-discretionary spend will continue the demand buoyancy in the hospitality sector is experiencing," he noted. A Chalet Hotels spokesperson said India's hospitality sector is experiencing impressive growth, with record-high occupancy rates and substantial increases in average daily rates nationwide, underscoring the industry's resilience and its ability to meet the rising demand for quality experiences among travellers.