Homestay Market Potential In India at Homestay

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Homestay Market Potential In India. Homestay owners host their spaces in many different ways, which makes each homestay experience unique and full of discovery. India has both cultural and natural resources and can provide more applicable insight into this structure (homestay).

Potential of of Things in India
Potential of of Things in India from www.livemint.com

Terming this move as a step towards ‘tapping into the potential of india’s growing homestay segment,” ihcl’s managing director & chief executive officer puneet chhatwal emphasises that. In india, the trend of homestays is gaining grounds in states like sikkim, uttrakhand and kerala as it provides authentic local cultural experience along with value for money. The hotel industry, in may 2020, experienced an occupancy decline of 77% over the same time last year.

Potential of of Things in India

Homestays are indisputably one of the means to cater to this growing demand. India’s consumer durables industry's market size is expected to reach us$ 34 billion by 2025. To be sure, landour is one of. Here’s a breakdown of all the costs involved: