India’s alternative accommodation market to reach INR 415 billion by FY29 as demand expands
The ‘How India Travels 2026: The Homes Edit’ study projects alternative accommodation to grow at a 21.2% CAGR through FY29, as demand for villas, homestays and apartments expands beyond traditional leisure hotspots. Tourism Ministry also pointed to the segment needing stronger quality assurance and regulatory frameworks to reach its utmost potential.
NITI Aayog’s report on homestays calls for flexible policy approaches for tourism growth
It emphasises the need for light-touch, transparent regulatory frameworks that ensure the safety of tourists and homeowners, protect heritage, and support inclusive and sustainable economic growth.
