Introduction
In 2025, the hospitality industry in India is thriving, with several top companies leading the way in providing exceptional services to customers. This report will delve into the top 10 hospitality companies in India, highlighting their financial performance, market share, and industry insights.
Taj Hotels
Financial Performance
Taj Hotels, a subsidiary of Indian Hotels Company Limited, continues to be a prominent player in the hospitality industry. With a strong presence in luxury hotels and resorts, Taj Hotels has shown consistent revenue growth over the years. In 2024, the company reported a revenue of over INR 5,000 crores, solidifying its position as one of the top hospitality companies in India.
Market Share
Taj Hotels holds a significant market share in the luxury hotel segment, catering to both domestic and international travelers. The company’s iconic properties, such as the Taj Mahal Palace in Mumbai and the Taj Lake Palace in Udaipur, attract high-end clientele seeking world-class hospitality services.
Industry Insights
Taj Hotels has been at the forefront of innovation in the hospitality industry, incorporating technology and sustainability practices to enhance guest experiences. The company’s focus on personalized service and cultural authenticity sets it apart from its competitors, making it a preferred choice for discerning travelers.
Oberoi Hotels & Resorts
Financial Performance
Oberoi Hotels & Resorts, known for its impeccable service and luxurious accommodations, has maintained a strong financial position in the hospitality sector. In 2024, the company recorded a revenue of INR 3,500 crores, showcasing its robust performance in a competitive market.
Market Share
Oberoi Hotels & Resorts commands a significant market share in the luxury hospitality segment, with a portfolio of upscale properties across India. The company’s commitment to excellence and attention to detail have earned it a loyal customer base that values exceptional service and hospitality.
Industry Insights
Oberoi Hotels & Resorts has been a pioneer in setting industry standards for luxury hospitality, focusing on personalized experiences and sustainable practices. The company’s dedication to guest satisfaction and employee training has cemented its reputation as a top player in the Indian hospitality industry.
ITC Hotels
Financial Performance
ITC Hotels, a division of ITC Limited, has emerged as a key player in the hospitality sector, offering a diverse range of luxury and upscale properties. In 2024, the company reported a revenue of INR 4,000 crores, reflecting its strong performance and steady growth in the market.
Market Share
ITC Hotels has a significant market share in the upscale hotel segment, with a focus on sustainability and responsible tourism practices. The company’s properties, such as ITC Maurya in Delhi and ITC Grand Chola in Chennai, are renowned for their luxury amenities and exceptional service standards.
Industry Insights
ITC Hotels has been a leader in promoting sustainable tourism and environmental conservation within the hospitality industry. The company’s ‘Responsible Luxury’ ethos emphasizes eco-friendly practices and community engagement, setting a benchmark for sustainable hospitality in India.
The Leela Palaces, Hotels and Resorts
Financial Performance
The Leela Palaces, Hotels and Resorts, known for its opulent properties and bespoke services, has maintained a strong financial performance in the hospitality sector. In 2024, the company reported a revenue of over INR 2,500 crores, highlighting its continued success in the luxury hotel market.
Market Share
The Leela Palaces, Hotels and Resorts holds a significant market share in the luxury hospitality segment, with a collection of iconic properties across India. The company’s commitment to personalized service and cultural authenticity has earned it a loyal following among discerning travelers.
Industry Insights
The Leela Palaces, Hotels and Resorts has been a trendsetter in luxury hospitality, blending traditional Indian hospitality with modern amenities and services. The company’s focus on experiential travel and curated experiences has set it apart from its competitors, making it a preferred choice for luxury travelers.
Hyatt Hotels Corporation
Financial Performance
Hyatt Hotels Corporation, a global hospitality company with a strong presence in India, has continued to showcase solid financial performance in the market. In 2024, the company reported a revenue of over INR 3,000 crores, underscoring its position as a top player in the hospitality industry.
Market Share
Hyatt Hotels Corporation commands a significant market share in the upscale hotel segment, with a portfolio of premium properties across major cities in India. The company’s focus on contemporary design, culinary excellence, and personalized service has resonated with discerning travelers seeking luxury accommodations.
Industry Insights
Hyatt Hotels Corporation has been at the forefront of innovation in the hospitality industry, leveraging technology and data analytics to enhance guest experiences. The company’s commitment to diversity and inclusion, sustainability practices, and community engagement has earned it accolades and recognition within the industry.
Marriott International
Financial Performance
Marriott International, a leading global hospitality company with a robust presence in India, has demonstrated strong financial performance in the market. In 2024, the company reported a revenue of over INR 6,000 crores, showcasing its resilience and adaptability in a competitive industry.
Market Share
Marriott International holds a significant market share in the mid-range and upscale hotel segments, with a diverse portfolio of brands catering to different customer segments. The company’s emphasis on quality service, brand consistency, and loyalty programs has helped it maintain a loyal customer base in India.
Industry Insights
Marriott International has been a trailblazer in the hospitality industry, leveraging technology and innovation to enhance guest experiences and streamline operations. The company’s focus on sustainability, social responsibility, and diversity initiatives has positioned it as a leader in the global hospitality landscape.
Radisson Hotel Group
Financial Performance
Radisson Hotel Group, a prominent player in the hospitality sector with a strong presence in India, has shown consistent financial performance in recent years. In 2024, the company reported a revenue of over INR 2,000 crores, reaffirming its position as a key player in the mid-range hotel segment.
Market Share
Radisson Hotel Group commands a significant market share in the mid-range hotel segment, with a portfolio of well-known brands catering to business and leisure travelers. The company’s focus on quality service, value for money, and strategic locations has helped it maintain a competitive edge in the market.
Industry Insights
Radisson Hotel Group has been a frontrunner in leveraging data analytics and customer insights to drive business growth and enhance guest satisfaction. The company’s commitment to innovation, sustainability practices, and employee training has positioned it as a preferred choice for travelers seeking comfort and convenience.
AccorHotels
Financial Performance
AccorHotels, a leading international hospitality company with a strong presence in India, has demonstrated solid financial performance in the market. In 2024, the company reported a revenue of over INR 4,500 crores, reflecting its resilience and adaptability in a rapidly evolving industry.
Market Share
AccorHotels holds a significant market share in the mid-range and upscale hotel segments, with a diverse portfolio of brands catering to different customer preferences. The company’s focus on personalized service, culinary excellence, and innovative guest experiences has helped it maintain a loyal customer base in India.
Industry Insights
AccorHotels has been a pioneer in digital transformation and customer engagement within the hospitality industry, leveraging technology to streamline operations and enhance guest satisfaction. The company’s commitment to sustainability, diversity, and community development has positioned it as a leader in the global hospitality landscape.
InterContinental Hotels Group (IHG)
Financial Performance
InterContinental Hotels Group (IHG), a leading international hospitality company with a strong presence in India, has showcased solid financial performance in recent years. In 2024, the company reported a revenue of over INR 3,500 crores, highlighting its resilience and adaptability in a competitive market.
Market Share
IHG commands a significant market share in the mid-range and upscale hotel segments, with a diverse portfolio of brands catering to different customer needs. The company’s focus on quality service, brand consistency, and loyalty programs has helped it maintain a strong foothold in the Indian hospitality industry.
Industry Insights
IHG has been a frontrunner in leveraging data analytics and technology to enhance guest experiences and drive business growth. The company’s commitment to sustainability, social responsibility, and employee training has positioned it as a preferred choice for travelers seeking comfort and convenience in India.
Conclusion
In conclusion, the top 10 hospitality companies in India in 2025 continue to set industry standards for excellence, innovation, and customer service. These companies have demonstrated strong financial performance, market share, and industry insights, solidifying their positions as leaders in the dynamic and competitive hospitality landscape of India. As the industry continues to evolve and adapt to changing consumer preferences and technological advancements, these top companies are well-positioned to thrive and continue providing exceptional hospitality experiences to travelers across the country.
