What is a key indicator of economic growth and prosperity, as discussed in the text?

According to the text, what is a major factor driving the demand for hotels and hospitality in India in 2023?

What is a significant challenge in the hotel industry, as highlighted in the text?

What is a unique characteristic of the hotel industry compared to other service industries, as per the text?

What is an important metric for hotels due to their capital-intensive nature?

What strategy do hotels often employ to mitigate the impact of seasonality on their business?

What is a common business model adopted by many hotel chains to expand their capacity without significant capital investment?

What is a key takeaway from the text regarding the hotel industry in India?