Get this report today!
Table of Contents
Indian tourism sector is one of the most crucial sectors of the economy in the country. It is not only a significant contributor to GDP and foreign exchange reserve of the country, but also it provides widespread employment. Tourism sector can also be considered the backbone for allied sectors, like hospitality, civil aviation, and transport. Sensing the importance of the sector, Indian Government has invested abundantly in the past for infrastructure development. It has been partially successful with increase in foreign tourist arrivals over the last decade, courtesy “Incredible India Campaign”. Infrastructure in the hospitality sector is still a matter of concern amongst other factors like season-based tourism in some states.
Domestic tourism is very huge in the country, promoted by various intents. Pilgrim and leisure tourism are two very important sectors. A lot of scope is available for new businesses to enter and tap the segment. With the rising economic status of the middle class and affluent population, outbound travel is on the rise. Though Thailand, Malaysia, and Singapore circuit the most favored destinations among the tourists, interest for off-track destinations are also increasing. Foreign tourist arrivals in the country have increased substantially during the past decade motivated by both, business and leisure needs and are further expected to grow at a CAGR of around 8% during 2010-2014, as per our new research report “Indian Tourism Industry Analysis”.
Our thorough analysis of the tourism sector in India has revealed that it is set for a fast growth stage marked by a huge potential in various segments in the industry. Government initiatives, both at center and state level have facilitated rapid development in the sector and are expected to continue in future as well. The market is fragmented and unorganized but is highly competitive. Also, various trends have emerged during the last few years, which are discussed in details in the report.
Our report, “Indian Tourism Industry Analysis” provides detailed analysis of the tourism sector in India. The report facilitates current industry trends and forecast for foreign tourist arrivals, outbound tourists, domestic tourist visits, and several other factors crucial to future developments at regional level. In addition, a detailed analysis of hotel industry has also been provided. Description of key players is also included to efficiently gauge the competition in the market and to provide a balanced research outlook of the tourism industry.
Talk to Louis
+1 718 618 4302
The Largest Collection of Market Research Reports
From +200,000 authoritative sources
This report analyzes the worldwide markets for Virtual Data Rooms (VDRs) in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, ...
Silicon Photonics Market by Products (Silicon Optical Interconnects & Wavelength Division Multiplexer Filters & Others), Applications (Telecommunication, Datacom, High Performance Computing & Others) & ...
Electronic Toll Collection system is mainly installed for the ease of transportation. In this system, tolls are collected with the help of electronic equipment installed on the roadside and without reducing ...
... Bh / str global, based on data from participants with daily data entry, data as of 03.03.2014 Legend o cc o c cupancy adr average daily rate (net rooms revenue) revpar revenue per available room (net ...
... That passenger growth has been propelled by rapid growth of service provision to european airports. The number of cities in mainland europe served by a direct air service from the uk has increased significantly ...
Reportlinker.com © Copyright 2014. All rights reserved.