INDIA'S HOSPITALITY BOOM: ATMOSPHERE CORE'S BLUEPRINT FOR TRANSFORMING THE MARKET

India is entering a defining moment in its hospitality evolution. As international arrivals rise, domestic travel surges, and travellers seek experiences anchored in meaning rather than material excess, the landscape is rapidly shifting. Amid this momentum, Atmosphere Core, known for elevating island luxury in the Maldives, is deepening its commitment to India with renewed strategic focus, talent investment and experience-led thinking.

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With its strengthened presence in India, the group signals a long-term vision for the subcontinent. In this conversation with Fortune India, Salil Panigrahi, Co-Founder & Managing Director, discusses India's tourism dynamics, the company's expansion plans and the leadership principles shaping its journey.

India is witnessing unprecedented growth in tourism and hospitality. How do you interpret this boom, and what macro trends do you believe are driving it?

India's hospitality boom is fuelled by rising disposable incomes, improved connectivity, and a growing appetite for short, meaningful breaks. Domestic travellers now seek curated experiences rooted in wellness, culture, and cuisine rather than passive holidays. At the same time, India's rise as a global business hub is increasing demand for high-quality hotels. This is not a temporary spike but a long-term shift toward experience-led travel, marking an exciting phase for the industry.