New Delhi, May 30 -- India continues to emerge as the key player for driving the Asia Pacific (APAC) hospitality sector, especially in Asia Pacific countries such as Thailand, Vietnam, and South Korea, according to a report by Colliers.
The report highlights that while capital investments in the region are currently focused on high-liquidity markets like Japan, South Korea, and Australia, India is emerging as a crucial driver of demand.
"With rising disposable incomes and growing appetite for experience-led travel, Indian tourists are becoming a dependable, year-round source of demand in the hospitality sector," according to the Colliers release. This trend is contributing to sustained strong room rates and signifies a structural change...
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