Indian Hotel Industry


Indian Hotel Industry INDIAN HOTEL INDUSTRY AT A GLANCE IN 2013 - 2014 Indian Hotel Industry

Indian hotels recorded a 5.2% fall in Revenue in 2013-2014 when compared to the previous year, with the five-star segment reporting the steepest decline. Conversely, budget and economy hotels registered the highest Revenue growth at 10.4% on the back of a 14.7% rise in average rate.

While cities such as Pune and Ahmedabad previously received a lot of negative press for being overbuilt and were pronounced dead, they actually saw a CAGR demand increase of 37.5% and 30.1%, respectively, which highlights how vibrant their demand base really is.

Indian Hotel Industry in 2013-2014
Even larger markets with a much bigger existing base have seen strong double-digit growth in demand over the last five years.

The Government of India has allowed 100 per cent FDI under automatic route in the hotel and tourism sector, according to the consolidated FDI Policy, released by DIPP. The domestic hospitality sector expects 52,000 new hotel rooms to be added in five years (2013-17), according to a survey by real estate consultancy, Cushman & Wakefield. This will lead to a rise of over 65 per cent in total hotel inventory in India.

Indian Hotel Industry   INDIAN Hotel INDUSTRY AT A Glance IN 2012 - 2013

Indian Hotel Industry   INDIAN Hotel INDUSTRY AT A Glance IN 2011 - 2012

Indian Hotel Industry  Hotel Association of India

Indian Hotel Industry  The Federation of Hotel and Restaurant Associations of India (FHRAI)

Indian Industry  back to hotel INDUSTRY