Radisson now has 200 properties in its India portfolio and is optimistic about having 500 operating hotels in the next 5-7 years. But a strong marketing strategy is amiss as it relies on word of mouth and loyalty.
MakeMyTrip's bet on outbound and spiritual travel paid off during the last fiscal year. But this year has come with geopolitical tensions and tariff concerns.
That Indians are keen on experiencing live events is now well-established. But their growing affinity to combine these events with extended stays and local exploration is becoming a major economic driver.
While India and Pakistan have reached an understanding to halt the ongoing conflict, it might take some time before travel to and within India can return to normal.