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India Gazette
3 days ago
- Business
- India Gazette
India emerges as key player in Asia Pacific Hospitality Growth
New Delhi [India], May 30 (ANI): India continues to emerge as the key player for driving the Asia Pacific (APAC) hospitality sector, especially in Asia Pacific countries such as Thailand, Vietnam, and South Korea, according to a report by report highlights that while capital investments in the region are currently focused on high-liquidity markets like Japan, South Korea, and Australia, India is emerging as a crucial driver of demand.'With rising disposable incomes and growing appetite for experience-led travel, Indian tourists are becoming a dependable, year-round source of demand in the hospitality sector,' according to the Colliers release. This trend is contributing to sustained strong room rates and signifies a structural change in regional hospitality dynamics.'India is driving a structural shift in Asia Pacific's hospitality landscape, fuelling resilient domestic growth while emerging as a powerful outbound force,' Nikhil Shah, Managing Director Hospitality & Alternatives, said. Adding, 'With strong demand across the luxury, lifestyle and MICE segments, and rising investor confidence in experience-led assets, India is now central to regional tourism flows, sustaining premium pricing and reshaping travel dynamics.'Additionally, according to Vimal Nadar, National Director and Head of Research, Colliers India, 'The outlook for the Indian hospitality sector remains strong, with Tier II destinations set to become key contributors to the next phase of expansion. Interestingly, spiritual tourism is emerging as a key driver of inbound travel within India, driving the growth of the hospitality sector.'Cities like Phuket, Tokyo, New Delhi, Mumbai, and Osaka led the region in Average Daily Room Rates (ADR) growth in Q1, helped by strong domestic demand, a surge in international travel, and effective market positioning.'The first quarter has traditionally been a slow period for transactions, and given geo-political uncertainty, it is not unexpected that many adopted a cautious, 'wait-and-watch' approach. However, as market conditions stabilise and the imperative to deploy capital intensifies, a pickup in activity is anticipated as the year progresses,' said Govinda Singh, Colliers' Executive Director. (ANI)
Times of Oman
3 days ago
- Business
- Times of Oman
India emerges as key player in Asia Pacific hospitality sector growth
New Delhi: India continues to emerge as the key player for driving the Asia Pacific (APAC) hospitality sector, especially in Asia Pacific countries such as Thailand, Vietnam, and South Korea, according to a report by Colliers. The report highlights that while capital investments in the region are currently focused on high-liquidity markets like Japan, South Korea, and Australia, India is emerging as a crucial driver of demand. "With rising disposable incomes and growing appetite for experience-led travel, Indian tourists are becoming a dependable, year-round source of demand in the hospitality sector," according to the Colliers release. This trend is contributing to sustained strong room rates and signifies a structural change in regional hospitality dynamics. "India is driving a structural shift in Asia Pacific's hospitality landscape, fuelling resilient domestic growth while emerging as a powerful outbound force," Nikhil Shah, Managing Director Hospitality & Alternatives, said. Adding, "With strong demand across the luxury, lifestyle and MICE segments, and rising investor confidence in experience-led assets, India is now central to regional tourism flows, sustaining premium pricing and reshaping travel dynamics." Additionally, according to Vimal Nadar, National Director and Head of Research, Colliers India, "The outlook for the Indian hospitality sector remains strong, with Tier II destinations set to become key contributors to the next phase of expansion. Interestingly, spiritual tourism is emerging as a key driver of inbound travel within India, driving the growth of the hospitality sector." Cities like Phuket, Tokyo, New Delhi, Mumbai, and Osaka led the region in Average Daily Room Rates (ADR) growth in Q1, helped by strong domestic demand, a surge in international travel, and effective market positioning. "The first quarter has traditionally been a slow period for transactions, and given geo-political uncertainty, it is not unexpected that many adopted a cautious, 'wait-and-watch' approach. However, as market conditions stabilise and the imperative to deploy capital intensifies, a pickup in activity is anticipated as the year progresses," said Govinda Singh, Colliers' Executive Director.
India Gazette
08-05-2025
- Business
- India Gazette
India's Co-living market inventory set at 1 million beds by 2030: Colliers
ANI 08 May 2025, 14:42 GMT+10 New Delhi [India] May 8 (ANI): Increasing urbanisation and continued migration of students and young professionals to urban centres has increased the demand for flexible, affordable, and community-oriented housing solutions.A report by Colliers said that because of such a demand India's co-living sector inventory is expected to reach 1 million beds by co-living market is witnessing positive growth trajectory, helped by 'demand rebounding strongly in recent years and operators gearing up for expansion across Tier I cities and select Tier II cities,' said the news release.'We are already witnessing steady expansion into select Tier II markets such as Indore, Coimbatore, Chandigarh, Jaipur, Visakhapatnam, Dehradun etc. The co-living market, estimated at around INR 40 billion in 2025, has the potential to grow over five times and reach close to INR 200 billion by 2030,' said Vimal Nadar, National Director & Head of Research, Colliers India. According to the release, there is a rental arbitrage of up to 35 per cent in a comparison between single-occupancy co-living facilities and traditional 1 BHK units, as of April market suffered a low patch during the time of pandemic, but now it has rebounded and currently 50 million migrant populations within the age range of 20 to 34 are major demand base for organized co-living the other hand, the co-living market stock in India is estimated at around 0.3 million beds and the estimated demand for organized co-living beds in 2025 is 6.6 million, indicating a significant demand-supply gap. The report suggests that, this demand-supply gap can be seen as an opportunity for 'student housing-focused operators to foray into the market with professionally managed, student-centric housing solutions that can alleviate supply-side constraints and support the evolving needs of India's student population.' (ANI)
Times of Oman
08-05-2025
- Business
- Times of Oman
India's Co-living market inventory set at 1 million beds by 2030: Colliers
New Delhi: Increasing urbanisation and continued migration of students and young professionals to urban centres has increased the demand for flexible, affordable, and community-oriented housing solutions. A report by Colliers said that because of such a demand India's co-living sector inventory is expected to reach 1 million beds by 2030. The co-living market is witnessing positive growth trajectory, helped by "demand rebounding strongly in recent years and operators gearing up for expansion across Tier I cities and select Tier II cities," said the news release. "We are already witnessing steady expansion into select Tier II markets such as Indore, Coimbatore, Chandigarh, Jaipur, Visakhapatnam, Dehradun etc. The co-living market, estimated at around INR 40 billion in 2025, has the potential to grow over five times and reach close to INR 200 billion by 2030," said Vimal Nadar, National Director & Head of Research, Colliers India. According to the release, there is a rental arbitrage of up to 35 per cent in a comparison between single-occupancy co-living facilities and traditional 1 BHK units, as of April 2025. The market suffered a low patch during the time of pandemic, but now it has rebounded and currently 50 million migrant populations within the age range of 20 to 34 are major demand base for organized co-living sector. On the other hand, the co-living market stock in India is estimated at around 0.3 million beds and the estimated demand for organized co-living beds in 2025 is 6.6 million, indicating a significant demand-supply gap. The report suggests that, this demand-supply gap can be seen as an opportunity for "student housing-focused operators to foray into the market with professionally managed, student-centric housing solutions that can alleviate supply-side constraints and support the evolving needs of India's student population."
Time of India
08-05-2025
- Business
- Time of India
India's co-living sector poised for massive growth; inventory set to triple by 2030
Live Events India's co-living sector is witnessing a remarkable resurgence, fuelled by urban migration, shifting lifestyle preferences, and increasing demand for flexible, community-driven housing. According to industry estimates, the organized co-living inventory is projected to surge from approximately 0.3 million beds in 2025 to nearly 1 million beds by 2030 — a threefold increase over five boom is driven by a growing young urban population, predominantly students and working professionals aged between 20 and 34, who are migrating to cities in pursuit of education and employment opportunities. The total demand for co-living beds is estimated at 6.6 million in 2025 and is expected to rise to over 9 million by market penetration of co-living — currently at about 5% — is forecasted to double and exceed 10% by 2030. 'India's co-living sector is entering a new phase of growth, underpinned by strong demographic fundamentals and a growing preference for flexible, community-centric living,' said Badal Yagnik, CEO, Colliers India. 'The coming years will be crucial in shaping a structured, scalable, and investment-ready co-living ecosystem.'The co-living market, pegged at INR 40 billion in 2025, is expected to grow fivefold to INR 206 billion by 2030. Rising demand along with supply shortfall in student housing, are creating lucrative opportunities for developers, investors, and co-living India's urban rental market is seeing a shift, as co-living offers better value, flexibility, and convenience compared to traditional rentals. Co-living rents, typically inclusive of utilities, maintenance, and amenities like Wi-Fi and housekeeping, present a rental arbitrage of 20–35% across major cities such as Bengaluru, Mumbai, Delhi NCR, and Hyderabad . For instance, in Bengaluru, average co-living single-occupancy rentals range from INR 11,700 to 23,700 per month, compared to INR 15,500 to 36,500 for traditional 1BHK sector's evolution has also sparked strong investor interest. Co-living operators have raised over USD 1 billion since 2015, with institutional investors viewing the sector as a high-return asset class, offering yields of up to 10% — significantly higher than the 2-5% typical returns of conventional residential real estate. This capital influx is enabling operators to scale rapidly and improve service offerings.'Robust growth coupled with significant untapped potential presents the co-living sector as an increasingly attractive asset class within real estate contours in India,' said Vimal Nadar, National Director & Head of Research at Colliers India. 'The sector is now expanding beyond Tier I cities to Tier II markets like Indore, Jaipur, Coimbatore, Chandigarh, Visakhapatnam and Dehradun.'To meet growing demand, co-living operators are leveraging three key business models: the lease model (favored for its asset-light scalability), the management/revenue-sharing model (where operators share income with property owners), and the franchise model (enabling expansion via local partnerships). Most operators offer tech-enabled platforms bundling services like housekeeping, maintenance, and laundry, with food often billed emerging sub-segment within co-living is Purpose-Built Student Accommodation (PBSA), which addresses the unique needs of India's vast student population. Along with a Gross Enrollment Ratio (GER) of 28.4%, India had over 43 million students in higher education as of FY 2021-22, many of whom are outstation students requiring quality the demand for student beds stands at around 12 million. However, colleges and universities can only cater to approximately 4 million students — around 35-40% of the demand. The remaining 60-65% face a lack of suitable living options in 2025. This stark mismatch highlights the pressing need for well-managed, affordable student-centric are now partnering with educational institutions to set up PBSA facilities, which, although capital-intensive, offer greater operational control and long-term revenue streams. This shift is expected to play a pivotal role in bridging the student housing gap while enhancing the maturity of the co-living strong fundamentals, rising investor confidence, and evolving consumer expectations, India's co-living sector is poised for a transformation. By 2030, the sector will not only triple its stock but also cement its position as a key component of the country's rental housing ecosystem.
