Tourism And Hospitality Trends In India

Spread across 32.87 lakh square kilometers, ranging from the snow-clad Himalayas in the North to the Indian Ocean in the South, India is a rich cultural and historical heritage, with ecological variation and several places of natural beauty across the country. It offers a great opportunity and potential in the tourism and hospitality sector for growth and has emerged as one of the key drivers of growth in the services sector in India.

A lot has already been said about the consequences of the pandemic on societies and economies. The foreign exchange earnings grew at a CAGR of approx 7% up to 2019 and dipped in 2020 due to the COVID-19 pandemic. For the two years of the pandemic, the entire world witnessed a sharp decline in all growth and resources. This period of two years has been labeled as appalling, destructive, and unfortunate by most. Some people also saw this as sobering, and an opportunity for nature to sustain itself as most of the humanity stayed locked down.

As it is said that every cloud has a silver lining, the post covid stage has also witnessed huge growth stories and phenomenal successes.

The initial beginning was slow post covid,…