Changing Consumer Attitudes and Future Outlook for the Budget Hotel Industry in India: Market Profile

• Publication date: September 2012
• Report size: 33 pages

Synopsis The report provides market analysis, information and insights, including: • In-depth analysis of the budget hotel industry in India • A comprehensive understanding of market trends, drivers, opportunities and challenges across key customer segments • Detailed market sizing of the budget hotel industry in India for a period of ten years (2007–2016) • Detailed analysis of consumer attitudes towards budget ho...

Synopsis
The report provides market analysis, information and insights, including:
• In-depth analysis of the budget hotel industry in India
• A comprehensive understanding of market trends, drivers, opportunities and challenges across key customer segments
• Detailed market sizing of the budget hotel industry in India for a period of ten years (2007–2016)
• Detailed analysis of consumer attitudes towards budget hotels
• Detailed analysis of tourist spending patterns in India

Summary
The Indian hotel industry has become more functional and practical during the last decade. The Indian budget hotels market valued INRXX billion (US$XX million) in 2007 and reached INRXX billion (US$XX million) in 2011, growing at a CAGR of XX% during the review period. The market is projected to grow at a CAGR of XX% over the forecast period, to reach INRXX billion (US$XX million) in 2016.

The growth of Indian budget hotels is expected to emerge in tier-two and tier-three cities, with Hyderabad, Jaipur, Pune and Chandigarh identified as key growth destinations. The robust growth in domestic and inbound tourist volume is expected to drive hotels in India. The number of budget hotels in India increased from XX in 2007 to XX in 2011 at a CAGR of XX% during the review period.

Scope
This report provides an extensive analysis of the budget hotel industry in India
• It provides historical and forecast market sizes for the budget hotel industry in India
• It offers detailed analysis of the factors driving the growth of the budget hotel industry, and the key emerging trends and drivers in India
• It provides profiles of key companies operating in the budget hotel industry

Reasons To Buy
• Gain in-depth insight into the budget hotel industry in India
• Understand the demand and supply-side dynamics within the Indian budget hotel industry, along with key market trends and growth opportunities
• Take informed decisions and formulate effective marketing strategies based on the report’s detailed market insights on the budget hotel industry
• Assess the competitive landscape in the budget hotel market in India and formulate effective market-entry strategies

Key Highlights
NA

Hotel And Lodging Industry in India

Table of Contents
1 BRIC Countries Comparison
1.1 Market Opportunity
1.2 Macroeconomic Drivers
2 India
2.1 Demand Outlook and Changing Market Dynamics of Budget Hotels
2.2 Demand Dynamics
2.2.1 Indian hotel industry
2.2.2 Market size of budget hotels by volume
2.2.3 Market size of budget hotels by value
2.2.4 Key performance indicators
2.3 Consumer Demographics and Spending Pattern
2.3.1 Business Tourists
2.3.2 Leisure tourists
2.3.3 Demographics
2.3.4 Spending pattern
2.4 Trends and Drivers
2.4.1 Consumer dynamics
2.4.2 Business dynamics
2.4.3 Macroeconomic fundamentals
2.5 Challenges
2.6 Industry Structure and Competitiveness
2.6.1 Industry structure
2.6.2 Company profiles
3 Appendix
3.1 About BRICdata
3.1.1 Areas of expertise
3.2 Methodology
3.3 Disclaimer

List of Tables
Table 1: BRIC Countries – Budget Hotel Market, 2007–2016
Table 2: BRIC Countries – Macroeconomic Prospects, 2012–2016
Table 3: BRIC Countries – Macroeconomic Indicators, 2012–2016
Table 4: Indian Hotel Industry – Number of Hotels (Thousand units), 2007–2011
Table 5: Indian Hotel Industry, 2012–2016
Table 6: Indian Hotel Industry – Budget Hotel Rooms, 2007–2011
Table 7: Indian Hotel Industry – Budget Hotel Rooms, 2012–2016
Table 8: Indian Hotel Industry – Budget Hotel Rooms (US$ Million), 2007–2011
Table 9: Indian Hotel Industry – Budget Hotel Rooms (INR Billion), 2007–2011
Table 10: Indian Hotel Industry – Budget Hotel Rooms (US$ Million), 2012–2016
Table 11: Indian Hotel Industry – Budget Hotel Rooms (INR Billion), 2012–2016
Table 12: Indian Hotel Industry – Average Revenue per Available Budget Room (US$), 2007–2011
Table 13: Indian Hotel Industry – Average Revenue per Available Budget Room (INR), 2007–2011
Table 14: Indian Hotel Industry – Average Revenue per Available Budget Room (US$), 2012–2016
Table 15: Indian Hotel Industry – Average Revenue per Available Budget Room (INR), 2012–2016
Table 16: Indian Budget Hotel Industry – Business Tourists, 2007–2016
Table 17: Indian Budget Hotel Industry – Leisure Tourists, 2007–2016
Table 18: Indian Inbound Tourist Demographics – Gender (Million), 2007–2016
Table 19: Indian Inbound Tourist Demographics – Gender (Million), 2007–2016
Table 20: Indian Tourist – Spending Pattern (%), 2007–2016
Table 21: Indian Inbound Tourist Arrival by Country (Million), 2011
Table 22: Indian Tourist – Seasonality of Inbound Tourism (Millions), 2007–2016
Table 23: List of Keys Hotel

List of Figures
Figure 1: BRIC Countries – Budget Hotel Market, 2007–2016
Figure 2: Indian Hotel Industry – Future Outlook for Budget Hotel Industry in India
Figure 3: Indian Hotel Industry – Number of Hotels (Thousand units), 2007–2011
Figure 4: Indian Hotel Industry, 2012–2016
Figure 5: Indian Hotel Industry – Budget Hotel Rooms, 2007–2011
Figure 6: Indian Hotel Industry – Budget Hotel Rooms, 2012–2016
Figure 7: Indian Hotel Industry – Budget Hotel Rooms (INR Billion), 2007–2011
Figure 8: Indian Hotel Industry – Budget Hotel Rooms (INR Billion), 2012–2016
Figure 9: Indian Hotel Industry – Average Revenue per Available Budget Room (INR), 2007–2011
Figure 10: Indian Hotel Industry – Average Revenue per Available Budget Room (INR), 2012–2016
Figure 11: Indian Budget Hotel Industry – Business Tourists, 2007–2016
Figure 12: Indian Budget Hotel Industry – Leisure Tourists, 2007–2016
Figure 13: Indian Inbound Tourist Demographics – Gender (Million), 2007–2016
Figure 14: Indian Inbound Tourist Demographics – Age Group (Million), 2007–2016
Figure 15: Indian Tourist – Spending Pattern (%), 2007–2016
Figure 16: Indian Tourist – Seasonality of Inbound Tourism (Millions), 2007–2016
Figure 17: Indian GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)
Figure 18: India – Inflation Rate (%), 2007–2016
Figure 19: Indian Urban and Rural Population (%), 2007–2016
Figure 20: India Construction Net Output at Current Prices (US$ Billion), 2007–2016

Hotel and Lodging in India

India Hotel Rooms, `000

• $ 250
• Industry data
• February 2013

Yearly, From 2002 To 2016
By Business Monitor International
Source: Ministry of Tourism

• Industries : Hotel and Lodging
• Countries : India

India Occupancy Rate, %

• $ 250
• Industry data
• February 2013

Yearly, From January 01, 2005 To January 01, 2005
By Business Monitor International
Source: BMI

• Industries : Hotel and Lodging
• Countries : India