Table of Contents
•India is one of the largest tourist destinations in the world. It received about x million foreign visitors in 2012, and this number is estimated to grow at aroundx – % each year until 2018.
•In 2012, the number of domestic travelers was recorded at about x million, an increase of around x % over 2011.
•At present, there is a shortage of about x rooms across the country. With the rising number of tourist arrivals, the demand-supply gap needs to be closed. This implies that the travel and tourism and the associated hospitality industry will witness a healthy growth in revenues and occupancy levels. By 2017, the hotel industry plans to set up another x rooms in India’s top 6 cities, and the total number of hotel rooms is expected to increase to x in 2015 from about x in 2011.
•The Indian hotel guestroom automation market is projected to grow from INR x million in 2013 to INR x million in 2018. Although the market has been witnessing turbulent times in the recent past, it is likely to witness a compound annual growth rate (CAGR) of x % from 2013 to 2018.
•The competition in this market is fierce, with many regional and local participants dominating in their region of operation.
•Many international companies are directly present in India, and usually adopt the distribution channel model, which makes for easy operation and reduced overheads.
The market is expected to witness a CAGR of x % from 2013 to 2018.
In 2013, the top 5 participants heldx % of the market share.
The low occupancy levels in hotels will drive the adoption of automation solutions.
Energy management solutions are being integrated with automation solutions for energy efficiency and energy savings.
Most of the demand for automation solutions will arise from tier 2 and 3 cities or from 3,4, and 5 star hotels.
Key Questions This Study Will Answer
What is the market size? What were the market trends over the last x years, and what are the future trends?
How will the structure of the market change with time?
Who are the key participants and what is their modus operandi?
Will these companies continue to exist or will they be acquired by other companies?
What are demands and objectives of customers?
What are the drivers and restraints and challenges?
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