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Indian Hotel Industry Overview & Opportunities

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Contents
• • • • • • • • • • Key facts Advantage India Market overview Emerging Trends Investments Key initiatives Opportunities About HICSA 2011 Hotel development mission AUSTRADE

INDIA – Travel and Tourism
KEY FACTS AT A GLANCE

• Contribution of travel and tourism to GDP expected to rise from AUD 120 bn in year 2010 to AUD 350 bn by year 2020 • Average growth of 8.5% over the next 10 years in this sector • Export earnings from international visitors to grow to AUD 36 bn by 2010 • Investment estimated to touch AUD 120 bn by year 2020. • India has a world ranking of 12th in terms of actual market size and is 4th in terms of growth forecast Source : WTTC, Travel & Tourism Economic Impact 2010, INDIA

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Advantage India
• The WTO (World Travel Organization) predicts that India will receive 25 million tourists by year 2015. • Stable and consistent growth projected • India currently has over 200,000 hotel rooms spread across hotel categories and guest-houses and is still facing a shortfall of over 100,000 rooms (Source: FHRAI) • India to become a major hub for medical tourism, with revenues from the industry estimated to grow to US$ 2.2 billion by 2012, SOURCE - Confederation of Indian Industry (CII) and McKinsey • India will add almost 114,000 hotel guest rooms to its inventory over the next five years. (Source: HVS)

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Market Overview
• High annual growth rates • The Indian hotel industry - Direct beneficiary of the growth in the economy and the tourism industry • Companies moving up the value chain to management contracts and cobranding of properties • Reforms in aviation sector have helped fuel growth • Liberalization in the regulatory framework in India • Increased visibility of India due to business and sporting events

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Emerging Trends
• • • • • Huge spurt in International Brands The emerging market – Budget & Business Hotels Better infrastructure and air connectivity More international brands and large domestic players entering the fray Shift of focus away from the metros into Tier I and Tier II cities

(Source : Dept. of Tourism, Government of India Annual Report 2009 – 2010)

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Investments
• Indian Hotels Company (Taj Group) plans to construct 50 budget hotels under the Ginger brand in the next four years. • East India Hotels plans to develop 750 additional hotel rooms under the Trident brand in the next 2.5 years. • Carlson plans to increase its presence in India to 78 hotels by 2012, from 28 in 2009. • Marriott plans to open 30 hotels in India in the next three years. • Hyatt Group has plans to open 15 new hotels in by 2015 Source : Rediff Business website, The Hindu website, HospitalitybizIndia.com,

Leading hotel brands in various stages of commencement of operations in India, • MGM Mirage Hospitality, Amari from Thailand, Fairmont Raffles Hotels, Golden Tulip Hotels, Movenpick Hotels and Resorts, Corinthia Hotel Group from Europe, Hilton, Starwood, Choice, International, Accor Source www.india-insights.co.uk

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Key Initiatives
• • • • • 29 Mega Tourism projects across 22 Indian states Focus on basic infrastructure Conservation and eco sensitive plans Focus on private sector Looking beyond traditional tourism avenues into areas such as - Rural tourism - Eco tourism - Medical tourism - Adventure tourism - Cruise and Heliport tourism

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Opportunities
Investment in smaller cities • Hospitality chains looking upcountry • Emerging need for a suitable project mix • International hospitality chains are expected to acquire local players to increase their presence in the country. • More room for strategic alliances and partnerships • All players are looking at faster turn around times • GREEN Technology is the in thing

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