New Delhi, Oct. 22 -- India will need an estimated 1.9 lakh to 2.1 lakh additional hotel rooms by 2035, translating into 120-125 million square feet of new hospitality real estate, as rising domestic tourism, business travel and demand for premium experiences drive sectoral expansion, according to a report by CBRE.

The report said India's hospitality sector had moved beyond post-pandemic recovery into a more sustained growth phase, supported by rising incomes, infrastructure development and changing travel preferences.

"India's hospitality sector has transitioned from a period of post -pandemic recovery to a more sustained phase of growth, positioning itself as one of the most resilient alternative real estate sectors," CBRE said.

The ...