The third edition of India's Favourite Homestay Awards spotlighted the growing homestay business. At the Taj Cidade de Goa Horizon, celebrities chefs, designers, photographers, and entrepreneurs gathered.

Branded rental villas are leading the Indian hospitality industry's change. According to a professional analysis, this growing business was worth $329.6 million in 2023 and is expected to reach $1377 million by 2028, growing at over 33% annually.