India’s Travel Boom Is Real. The Payoff Hasn’t Come — Yet
Summary
India's travel sector is booming, especially in domestic tourism, with religious gatherings and live events driving significant growth. Tier 2 and Tier 3 cities are becoming increasingly popular destinations for travelers, opening opportunities for short-term rental hosts. Hosts should consider market research to identify opportunities in emerging destinations.
Key Insights
- •Domestic travel in India saw 2.95 billion visits in 2024.
- •Tier 2 and Tier 3 cities are increasingly important destinations for tourism.
- •Attendance at live events grew 17% between January and November 2025, with 34,000 concerts and festivals taking place.
Action Items
- ✓Hosts should consider market research to understand the growing demand in Tier 2 and Tier 3 cities and identify potential investment opportunities.Effort: mediumImpact: medium
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