Accor Expands Indian Luxury Presence with New Openings Amid Domestic Tourism Surge and Government Support
📍 In 2025, India's luxury hotel industry thrived despite global challenges. The Leela Palaces saw a 6% RevPAR increase in Q1 2026, with ADR up 14% and EBITDA rising 19%. Accor targets 300 hotels in India by 2030, with the hospitality market projected to grow from $282 billion in 2025 to $541 billion by 2030. Prime Minister Modi's appeal boosted domestic tourism, while government initiatives like Vision@2047 stimulate hotel development. Accor predicts India will surpass China by 2045.
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