hospitality industry india
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The hospitality industry consists of fields like lodging, restaurants, transportation, and cruises that are involved in tourism. The Indian hospitality industry focuses largely on foreign tourists, who account for around 70% of business. Key growth drivers for the Indian hospitality industry include a booming economy, expanding niche markets, low cost airlines, and globalization. Major players in India's hotel industry include top hotel chains as well as new market entrants.
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hospitality industry india
- 2. The hospitality industry consists of broad category of fields within the service industry that includes Lodging, restaurants,Transportation,cruiseline, and additionalfields within the tourism industry.
- 4. Welcome to Indian Hospitality industry
- 6. OverviewImportant part of global economySlack session : March to SeptemberSeptember-march period accounts 60% of total tourist arrivalsFocused largely on foreign tourist, with almost 70% of the business coming from this segmentInbound tourist expenditure per head is third highest in the world & over more than global average tourist spendingThe cumulative FDI in to the hotel & tourism sector from 1991 to February 2011 has been US $1,93,739 millon,representing 1.18% of the total FDI in to the country
- 8. Growth drivers Discovering /Expending news/Niche marketsBooming economyGrowth in IT enabled services & IT industryRising stock indicesEntry of low coast airlinesLow coast medical facilitiesGlobalization & Liberalization gave it new impetus
- 11. Types of Hotels
- 12. Top Hotels in India
- 21. Market players
- 25. Market share of Hotel industry in India