INDIAN HOTEL CHAINS POST DOUBLE-DIGIT GROWTH AMIDST GEOPOLITICAL TURMOIL

Here is a counter-narrative to the gloom. Despite the US-Iran war impacting inbound traffic and aviation fuel prices soaring, leading hotel chains in India are reporting double-digit revenue growth for the April-June quarter. The data reveals the sheer strength of domestic demand. According to industry data, Mumbai, Delhi, Bengaluru, and Goa saw RevPAR growth of 15.5%, 23.3%, 7.7%, and 25.1% respectively in May 2026 compared to May 2025 .

The Indian Hotels Company (IHCL) is projecting a topline growth of 12-14%, while Radisson Hotel Group reports an 18% growth over last year, driven by domestic travel to destinations like Srinagar and Shimla. This trend is a crucial reminder for global DMCs when inbound tourism weakens, pivoting to high-yield domestic leisure contracts and MICE events can sustain portfolio performance.