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Hospitality sector in India - a snapshot

  • October 2014
  • -
  • Madras Consultancy Group
  • -
  • 11 pages

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India is ranked 11th among attractive destinations in the Asia Pacific region according to World Economic Forum. Foreign tourist arrivals increased from 5.78 million to 6.97 million during 2010 to 2013 registering a growth rate of 8%. Apart from leisure tourism, business travel to India is also on the rise owing to the robust economic growth. Several International hospitality majors have entered into the Indian market through alliances with existing players or through acquisitions. The hospitality industry is set to expand in tier II & III cities with suitable project mix to leverage opportunities.

This note on Hospitality Sector in India has been prepared through extensive secondary research supported by detailed analysis and focuses on market details, growth trends, major players, recent developments and key drivers of the Indian Hospitality Sector.

This Snapshot can be used as an “Information & Management Tool” and is ideal for overseas investors to get the first feel of the Indian Hospitality Sector. Senior managers, apart from gaining insight into the
Hospitality Sector, can also use this report for making presentations to internal audiences, customers, collaborators and channel partners.

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