In 2022, the sector saw a total deal volume of USD 73 million (INR 580 crore), representing a significant upswing compared to the previous two years, which were affected by the pandemic. This positive trend has continued into the first half of 2023, with hotel transaction volumes reaching USD 175 million (INR 1432 crore).
We are encouraged by the strong recovery in hotel investment volumes and anticipate this positive momentum to continue in the coming years. The investment landscape remains attractive due to favorable macro-economic factors, an expanding commercial market, and improved air connectivity.
As investors evaluate their options, we expect further diversification into the hotel asset class by HNI’s. We see increased interest from hotel investors for both operating assets and portfolios. The other rising trend is retail investor confidence in hotel stocks which is further encouraging privately held hotel owning companies to enter public markets.
