Greenfield Hotel Investments Surge to Pre-Pandemic Levels in 2024, Driven by Expansion into Tier-2 and 3 Cities

Greenfield hotel investments have rebounded to pre-pandemic levels in the first half of 2024, with hotel chains aggressively expanding into Tier-2, 3, and 4 cities, according to data from HVS Anarock. "After the pandemic, brownfield