THE CONTRIBUTION OF THE HOTEL INDUSTRY TO THE GROWTH OF EMERGING INDIA: AN EXPLORATORY STUDY

India's hotel industry has witnessed significant growth in recent years, contributing substantially to the country's economic development. This study aims to investigate the contribution of the hotel industry to the growth of emerging India, with a focus on its impact on employment, GDP, and foreign exchange earnings. Using a mixed-methods approach, combining both qualitative and quantitative data, the study reveals that the hotel industry has made a significant contribution to India's economic growth, generating employment opportunities, contributing to GDP, and attracting foreign exchange earnings. The study also highlights the challenges faced by the industry, including infrastructure constraints, regulatory hurdles, and intense competition. The findings of this study have implications for policymakers, hoteliers, and other stakeholders, emphasizing the need for supportive policies, investment in infrastructure, and innovative marketing strategies to sustain the industry's growth and maximize its contribution to India's economic development.