T3 September 2026

The ASSOCHAM-CBRE report presented during the conclave noted that organised hotel occupancy increased to 64.1% in 2025 from 42.0% in 2021, while growth in average daily rates supported a recovery in RevPAR beyond pre-pandemic levels. Improving connectivity and the emergence of new destinations are also opening opportunities for hospitality and tourism investment beyond established markets.

SUJÁN announced the acquisition of the Chiawa Camp and Old Mondoro from Chiawa Safaris, and its expansion into Africa. The acquisition marks SUJÁN’s first international expansion beyond India and is reportedly an important step towards its aim of building a global portfolio of conservation-led wilderness experiences.

SAP Concur is expanding its European rail offering by integrating content from French rail operator SNCF (incl. TGV, regional trains, Eurostar and Lyria) and Austrian rail operator ÖBB into Concur Travel. Building on its existing rail content, these integrations aims to simplify how business travellers book domestic and cross-border rail journeys in Concur Travel.

With a target of 3 million international tourist arrivals by 2027, Maldives is looking to strengthen connectivity and develop new segments as it works towards the next phase of tourism growth. India remains an important market in that strategy, although it currently sits outside the destination’s top 5 source markets.