India's Hotel Sector Witnesses Uneven Boom: Luxury Soars Amidst Budget Struggles, Propelled by Recent GST Cuts and Rapid Supply Expansion Post-Pandemic Recovery.
India's Hospitality Market Faces Supply-Demand Imbalance: Luxury Rates Skyrocket While Budget Stalls, Intensified by Recent Mid-Market GST Policy and Unprecedented Investor-Driven Development.
India's Hotel Industry Navigates Dual Reality: Thriving Luxury Sector Contrasts Struggling Budget Segment, Exacerbated by Targeted GST Reforms and Significant Uncontrolled New Supply.
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