Hotel

Topics: Hotel, Hospitality industry, Hotels, Destination hotel, Hotel chains, Lodging / Pages: 5 (1031 words) / Published: Jan 17th, 2013
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

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