Investments
During the period April 2000-December 2018, the hotel and tourism sector attracted around US$ 12 billion of FDI, according to the data released by Department for Promotion of Industry and Internal Trade (DPIIT).
The Tourism connection
The World Trade and Tourism Council ranked India 18th in business travel and also predicted that it would climb up soon to be amongst the top 5 ranks. The increasing number of foreign tourist arrival (FTAs) as well as soaring domestic travelers is boosting the Indian Hotel industry.
Industry Forecast
International hotel chains will account for around 47 per cent share in the Tourism & Hospitality sector of India by 2020 & 50 per cent by 2022. According to the Indian Hotel Industry Survey, the Indian hotel industry is estimated to expand to be at 13 billion U.S. dollars by 2020. The hotels industry is expected to see an increase in room revenue at the rate of about 10%-12% CAGR over the next five years.
INDIAN Hotel INDUSTRY AT A Glance IN 2017 - 2018
INDIAN Hotel INDUSTRY AT A Glance IN 2016 - 2017
INDIAN Hotel INDUSTRY AT A Glance IN 2015 - 2016
INDIAN Hotel INDUSTRY AT A Glance IN 2014 - 2015
INDIAN Hotel INDUSTRY AT A Glance IN 2013 - 2014
INDIAN Hotel INDUSTRY AT A Glance IN 2012 - 2013
INDIAN Hotel INDUSTRY AT A Glance IN 2011 - 2012
Hotel Association of India
The Federation of Hotel and Restaurant Associations of India (FHRAI)
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