IHG Hotels & Resorts strengthens South India presence with signing of Holiday Inn Express & Suites Madurai
The 150-key hotel near Madurai International Airport will serve the city's 27 million annual visitors when it opens in early 2029.
The 150-key hotel near Madurai International Airport will serve the city's 27 million annual visitors when it opens in early 2029.
The Statista-Booking.com survey of 285 Indian hoteliers shows 75% expect positive growth in next six months, with 70% reporting higher occupancy rates despite tighter funding access.
India's hotel sector hit 72-74% occupancy in November 2025 with ARR growth of 15-17% month-over-month, driven by metro cities like Pune and Chennai.