Investments in hospitality sector on comeback trail

CBRE’s report on the Indian hospitality sector says that investments in the sector are likely to exceed $2.3 billion over the next two to five years. This growth is expected to continue for the next few years, with all industry key performance indicators (KPIs) exceeding pre-pandemic levels. The report also says that international hotel chains are investing in the sector, looking to tap into the growing demand for hospitality services.