India experience spend to outpace goods at 10.3% CAGR through 2030: CBRE
CBRE forecasts Indian experience spending—hotels, restaurants, travel, recreation—growing 10.3% CAGR versus 9.1% for goods through 2030. Lifestyle hotel supply expanding 10% CAGR with 13% RevPAR premium. Gen Z demand and structural undersupply versus Singapore, Hong Kong open runway for branded operators.
CBRE report forecasts Indian experience spending (hotels, restaurants, travel, recreation) growing at 10.3% CAGR through 2030, outpacing 9.1% goods growth. Gen Z demand drives lifestyle hotel opportunity, with India showing significant undersupply versus Singapore and Hong Kong.