India Inc's luxury hospitality bet pivots from rooms to experiences as occupancy hits 75%
ITC Hotels, Radisson and The Leela are riding rising domestic leisure demand with 75% average occupancy and 5% YoY growth. Paul John is building a wellness-led platform in Kerala targeting 1,500 rooms ahead of a possible IPO, signalling that experiential travel is reshaping luxury hospitality economics.
India's luxury hospitality is pivoting from rooms to experiences. ITC Hotels, Radisson and Leela report rising domestic leisure demand with 75% occupancy, while Paul John builds a wellness-led hospitality platform targeting 1,500 rooms before a possible IPO.