India’s Branded Residences and Resorts Market Anticipated to Reach USD 1 Billion by 2027

Overview of the Market Growth

The market for branded residences and resorts in India is on a trajectory towards significant expansion, projected to reach an impressive USD 1 billion by 2027. The projected growth is underpinned by increasing domestic travel and a robust segment dedicated to MICE (meetings, incentives, conventions, and exhibitions) events. With more tourists flocking to these destinations, the number of rooms available will continue to rise, ensuring that the hospitality industry keeps pace with demand in areas such as Mumbai and Bengaluru.

Market Forecast and Drivers

The anticipated market size of branded residences and resorts by 2027 emphasizes a compound annual growth rate (CAGR) that ranges from 11% to 12% between 2025-26, further accelerating to 15% by 2030. This trend highlights the increasing importance of domestic leisure and business travel as essential drivers of demand, complemented by a growing influx of foreign tourists.

MICE Segment and Recent Growth Trends

The MICE segment plays a crucial role in this growth narrative, providing a vital boost as it gains momentum. Notably, the branded hotels sector has experienced a healthy growth of approximately 17% last fiscal year. To adapt to the surging demand for accommodations, the pace of room additions is projected to increase significantly, primarily through asset-light management contracts.

Branded Residences Market Progression

Fine Acers reports that the market for branded residences is currently witnessing a 11% year-over-year increase. Favorable economic conditions, rising urban affluence, and a marked interest in lifestyle investment properties are indicative of a promising horizon for this sector. Key cities such as Mumbai, Delhi-NCR, Jaipur, Bengaluru, and Pune are rapidly becoming pivotal markets, while emerging cities like Hyderabad and Ahmedabad are also on the rise.

Impact on Travelers and Tourism

The expansion of the branded residences and resorts market in India has broader implications for tourists. These developments not only enhance the range of accommodations available but also elevate the overall travel experience. Travelers can expect to find more luxurious, well-managed options that cater to diverse preferences and budgets. As the market grows, so too does the potential for sophisticated travel programs, which can include comfortable lodging coupled with tailored cultural experiences.

Future Projections and International Appeal

Fine Acers anticipates that India’s contribution to the global supply of branded residences and resorts will soar from the current 3% to at least 22% by the end of the decade. This transition is attracting renowned international brands, including Wyndham, Marriott, and Accor, while also encouraging local enterprises like Fine Acers to innovate and cater to the modern traveler’s needs.

Key Locations and Experiences

Factors such as changing lifestyles and growing aspirations have significantly influenced the ultra-high net worth customers in India. These customers are increasingly leaning towards luxury investments in branded residences, thus stimulating market growth. Managing to cater to diverse tastes, the market ensures that every traveler has the opportunity to find an ideal stay tailored to their unique preferences.

Conclusion: Embrace the Growth

The ongoing growth of the branded residences and resorts sector in India is an exciting development for both investors and travelers alike. It signifies a shift towards enhanced luxury travel experiences that can meet the expectations of a global audience. While reviews and feedback can provide useful insights, nothing beats the value of firsthand experiences. Booking travels through verified providers on platforms like GetExperience.com not only assures quality but also offers a diverse selection of experiences without the typical hassle or inflated costs, allowing you to embark on this journey with ease. This site empowers travelers to make well-informed decisions while exploring a rich tapestry of travel experiences, adventure activities, and luxury adventure travel experiences. Whether you’re in search of museum tours with live guides or an unforgettable eco-friendly wildlife safari, GetExperience.com stands ready to cater to all your travel desires. Book your trip now at GetExperience.com.