India's hospitality companies' revenue to grow 7-9% in FY27, West Asia conflict poses downside risks: ICRA

India's hospitality sector expects 7 to 9 per cent revenue growth in FY27, ICRA said on Tuesday. Premium hotel occupancy should stay at 72-74 per cent, with room rates rising to Rs 8,600-8,800. While domestic demand remains strong, ICRA warned that the West Asia conflict poses risks to this positive outlook.