India’s Luxury Hotels Are Finding a New Anchor, and It’s Not Foreign Tourists
AI Summary
India’s luxury hotel market is increasingly supported by affluent domestic travelers as geopolitical disruptions reduce reliance on foreign tourists. This shift is helping luxury hotels like Oberoi mitigate the impact of global travel shocks.
Oberoi's parent company says geopolitical disruptions are reshaping travel patterns, but India’s affluent travelers are increasingly insulating luxury hotels from global shocks.