New Delhi, Dec. 12 -- Demand for branded hotel rooms in India is set to grow faster than supply over the next five years, according to a report by YES Securities.

The report said that overall branded room demand has grown at a compounded annual growth rate (CAGR) of 7.6 per cent in the past decade. This pace grew to 21.4 per cent CAGR between FY22 and FY25. The momentum is expected to continue, with demand likely to rise at 10.4 per cent CAGR during FY25-30, outpacing supply growth projected between 8 per cent and 9 per cent.

Mid-premium and economy hotels are expected to see the most expansion, with supply likely to grow between 9 per cent and 11 per cent CAGR across various sub-segments. Cities such as Amritsar, Chandigarh, Dehradun, ...