HOSPITALITY INDUSTRY
Hospitality Sector India
Parth arora
Definition
The reception and entertainment of guests,
visitors, or strangers with liberality and good will.
Oxford English Dictionary
Services
Past
In1650 Mr. Pascal opened cafe in Paris and coffee
house in London.
1829
Termand house was 1st class hotel made in Boston
1960 many individuals owners merge themselves
with large chain such as Sheraton, Hilton, Hyatt, holiday inn for franchising by paying a fee cemtury
History of hotels established in india in 18.19 & 20
Present Scenario
'Hotel Industry in India' have supply of 110,000 rooms
India ranks 18th in business travel Visiting foreigners has reached a record 3.92 million
'Hotel Industry in India' is set to grow at 15% a year.
Hospitality Sector India At a Glance
Growth Rate Annual Rise in Room Rates Industry Turn Over Expected Export earnings Till 2019 Direct & Indirect Employment GDP Contribution Employment opportunity
8.8% 25% FY 2009-10: US$ 137.36 (INR 47,889.03 crore) US$ 51.4 billion Generated 218,200 jobs in 2011 6.23% 8.78%
Key Players
Company Type of properties Brands
Indian Hotels
Luxury, mid-segment and Taj, Gateway, Vivanta and budget Ginger Luxury, budget and heritage hotels ITC HotelLuxury Collection, WelcomHotelSheraton, Fortune and WelcomHeritage
ITC Welcomgroup
EIH
Business hotels, leisure hotels and cruises
Luxury, business hotels, economy and cruises
Oberoi and Trident
Carlson
Radisson Hotels and Resorts, Park Plaza, Country Inns & Suites, Park Inn
InterContinental
Luxury, mid-segment and InterContinental, Crowne business hotels Plaza, Holiday Inn, Holiday Inn Express, Hotel
Market Share captured by Indian hospitality sector
Market Share
Taj Hotel Oberoi Hotel ITC welcum Group Hotel Leela
Taj hotels-25%
Oberio hotels -17% Itc welcome group-
1.1%
Hotel leela-0.6% Others-0.5%
Others
Hotel industry in India
80000 70000 60000 50000 40000 30000 20000 10000 0
HongKong Bangkok Singapore Malaysia India
Foreign arrivals into India: 5
million appx. Vs. 35 million in China
The two nations were on par 2
decades ago at 750,000 arrivals
Today, Beijing alone has as many
hotel rooms as the whole of India
Indias luxury rooms availability
lower than even smaller East Asian countries
Future & Potential Growth
Internationaltourist inflow in India by 2020 would be
10 m
Tourist influx to grow at a CAGR of 6.5% for the
next14 yrs
share of world tourism: 1.5% by 2010
Untapped domestic tourist potential Medical Tourism
Rural Tourism
Wildlife Tourism
Facts and figures
Tourism is presently the most important civil industry in the world. The hospitality industry is second only to the global oil industry in terms of turnover, and is, by far, the largest employer around the world. Ten percent of the world's work force is in the tourism industry, and 10 percent of the world's GNP comes from tourism. In calendar 05, the country received 3.9m foreign tourists, a jump of 14% over 04. In 05, the country earned $6.9bn from inbound foreign tourists, which is more than twice the $3.1bn earned in 02. The World Tourism Organisation has predicted that India will receive 25 million tourists by 2015.
SWOT ANALSYS
STRENGTHS
Faster GDP growth Industrialization.
WEAKNESS
lack of connectivity. Lake of publicity.
Natural heritage
India as a global player
Hectic rules
Influence of politicians Marketing gap.
SWOT ANALYSIS
OPPORTUNITIES
Health tourism. Strong in cultural and
THREATS
Poor domestic tourism
infra structure
nature aspects.
Political conditions
Terrorism Increase in pollution
Commercialization of
sports and games.
FDI policy. Mismatch of supply and
Entry of new competitors
demand.