New Delhi, July 7 -- India's hotel industry saw hectic dealmaking in the first six months of 2025 amid bets rising affluence will continue to drive travel and tourism demand in the world's fifth-largest economy.
Deals worth $225 million have already been closed in January-June this year, more than doubling from $93 million recorded in the same period of 2024, according to data from property and real estate consultancy JLL Hotels and Hospitality Group shared exclusively with Mint. Nearly 50% of the deals that happened this year came from transactions that were initiated last year - when the industry saw strong momentum in hotel sector transactions, the company said. In the entire 2024, deals worth $340 million were concluded, slightly exc...
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