New Delhi, May 10: India’s expanding aviation infrastructure is emerging as a major catalyst for growth in the hospitality sector, with leading hotel chains ramping up investments in airport-linked properties amid rising air traffic, improved regional connectivity and the development of new urban corridors.
According to hotel industry executives, the surge in greenfield airports and improving connectivity to tier-II and tier-III cities is creating strong momentum for hotels located near airports, which cater to business travellers, transit passengers, airline crew and MICE (Meetings, Incentives, Conferences, and Exhibitions) traffic.
“The rapid expansion of airport infrastructure across India, particularly greenfield developments, is positioning airport hotels as a high-growth segment within the hospitality sector,” Nikhil Sharma, Managing Director & COO, South Asia, of Radisson Hotel Group, said. (PTI)
