The Hotel Association of India and Benori Knowledge's report, "Vision 2047: Indian Hotel Industry," projects the direct contribution of India's hotel industry to GDP at $40 billion in 2022, expected to reach $68 billion by 2027 and $1 trillion by 2047. To achieve this, growth should extend beyond metros to smaller cities and rural areas. The total contribution includes services from related industries but excludes market growth scenarios.
Factors such as GDP growth, income levels, and domestic and foreign tourist inflows are cited for growth. Domestic tourists are predicted to rise from 677 million in 2021 to 15 billion by 2047. Foreign tourist arrivals could reach 100 million by 2047. Sustainability, policy support, and infrastructure development are highlighted as crucial aspects to meet this ambitious vision.