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Hotel industry's contribution to India's GDP to hit $1 Tn by 2047

The direct contribution of Indian hotel industry to the country's GDP is estimated to touch $1 Tn by 2047 driven by a significant jump in domestic tourist visits and international arrivals. The direct contribution of the hotel industry to GDP was $40 Bn in 2022 and is expected to reach $68 Bn by 2027. By 2047, it will reach around $1 Tn.