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STATISTICS & ANALYSIS
HOSPITALITY BIZ NOVEMBER, 2024 23
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In terms of expansion, the third quarter saw a remarkable hotel operators and developers in the long-term growth of the Indian
momentum in signings, with a total of 9,440 new hotel keys signed hospitality sector. As market demand continues to evolve, hoteliers are
across 96 properties. This represents a substantial year-on-year growth positioning themselves to capture a larger share of travelers by expanding
of 51% in the number of keys signed, emphasizing the confidence among their footprints across established and emerging destinations. n
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