New Delhi, Oct. 3 -- The hospitality industry is adjusting to new work styles amid geopolitical challenges and changing travelling patterns. Among the major industry players, US hospitality giant Marriott International Inc. has also had to pare down its revenue per available room (RevPAR) forecast to 3-4% for 2024, down from an earlier 5%, due to slower growth in China and the US, two of its largest markets. But regions like the Asia Pacific, including India, have shown strong growth.

David S. Marriott, the third-generation hotelier and the chairman of the Marriott's board who is visiting India to meet new and upcoming hotel owners, told Mint the company has signed over 5,000 rooms in 30 hotels this year alone, with a greater focus on le...