financeasianhospitality.com··1 min·For: Investor, Owner, GM, Revenue
Ahmedabad Needs 22,000 Hotel Keys for 2030 Games
Ahmedabad and Gandhinagar face a 22,000-room shortfall ahead of major sporting events, including the 2030 Commonwealth Games. A new CEPT study urges public-private partnerships and hospitality REITs to bridge the 65% luxury supply gap.
Key Takeaways
- 1Twin cities currently hold 18,000 keys but require 40,000 to host upcoming major international events.
- 2Researchers project a 65% supply gap for luxury hotels and a 90% deficit in MICE venues.
- 3Study recommends public-private partnerships and hospitality REITs to attract institutional investment.
Source: asianhospitality.com
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