Report
India leads Asia-Pacific’s branded residences market by value
The Economic Times, citing NOESIS Hotel Advisors, says India holds 21% of regional market value but 15% of its units.
TLDR
The Economic Times reports, citing NOESIS Hotel Advisors, that India accounts for 21% of Asia-Pacific’s $45.3 billion branded residences market by value, despite having 15% of its units. Non-hospitality brands account for 73% of India’s branded units, compared with about 20% globally. NOESIS expects growth to extend to destinations including Goa and Rishikesh.
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