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Industry Insight - Indian Hotels
CYGNUS Business Consulting & Research, June 2011, Pages: 123
By 2015, the Indian Hotel Industry is expected to reach Rs 230 billion, growing at a robust CAGR of 12.2%. India will be investing approx Rs 448 billion in the hospitality industry in the next five years.
India is currently ranked 12th in the Asia Pacific region and 68th overall in the list of the world's attractive destinations, according to the Travel and Tourism Competitiveness Report 2011 by the World Economic Forum (WEF).
Despite global economic woes, development of hotels in India has been one of the most lucrative investments. As per Cygnus estimates, total supply (number of hotel rooms) in India is expected to reach more than 180,000 within five years. Various domestic and international brands have made significant inroads into this space and more are expected to follow; around 40 international brands will enter the country in the next five years.
The Indian Hotel Industry holds a huge potential due to the positive impact of demand-supply scenario, growth drivers, investments and government initiatives for tourism sector. To develop a better understanding of the industry, Cygnus has come out with a comprehensive Industry insight - Indian hotel industry, which brings out the past performance, trends and future prospects keeping in mind various factors.
SCOPE OF THE REPORT
- Indian and Global Hotel and Tourism Industry
- Demand-supply scenario, value chain of the industry
- Proposed investments by domestic and foreign players
- Foreign direct investment trends,
- Factors driving growth, Critical Success Factors, Issues & Challenges
- Critical business parameters like occupancy rates, revenue per available room (RevPAR) and average room rates (ARR)
- Technology & Management System in Hotel
- Emerging trends / concepts such as service apartments, spas, medical tourism, wildlife resorts, cruise tourism, adventure tourism etc.
- Regulations in Indian market
- Major players
- Future Outlook
REASONS TO BUY
- To understand the various factors which are fuelling the growth and those which are critical to the industry
- Comprehensive report covering all the aspects required to understand the industry performance and future prospects.
- The Impact of tourism industry on the Hotel industry
FOR WHOM
For hotel & restaurant players, real estate companies interested in venturing into the hotel business, commercial and investment banks, business analysts, consultants, investors and hotel management colleges and students.
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