Luxury hotels court affluent Indians with staycations as overseas travel softens
ITC, Leela, Marriott and Roseate are pushing premium summer staycations to capture affluent Indians redirecting spend from overseas trips amid West Asia disruptions and a weak rupee. Leela posted RevPAR +14% YoY in FY26 with F&B +15%; Q1 2026 industry ARR holds at ₹10,000-10,200 with 67-69% occupancy.
Luxury hotel chains ITC, Leela, Marriott, Roseate are pushing premium staycation packages this summer to capture affluent Indians shifting from overseas travel amid West Asia disruptions, weak rupee and Modi's domestic-tourism appeal.