The global short-stay accommodation market, including both room and non-room expenditures, is projected to reach a remarkable $1.9 trillion by 2030. Among the fastest-growing regions, India and Southeast Asia stand out, with India leading global expansion at an annual growth rate of approximately 13% from 2021 to 2025. This growth is driven by several factors, including a rapidly expanding middle class with higher disposable incomes, increased travel accessibility and affordability, a strong travel inclination among younger generations, and the influence of social media promoting travel as a lifestyle. Moreover, the emergence of new accommodation formats and innovative use cases is further diversifying the industry’s potential.