Hotels & Motels in India

Hotels & Motels in India

  • September 2017 •
  • 40 pages •
  • Report ID: 177342
Hotels & Motels in India

Summary
Hotels & Motels in India industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis
Essential resource for top-line data and analysis covering the India hotels & motels market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights
- The hotels & motels industry value consists of all room revenues generated by hotels, motels and other accommodation providers through the provision of accommodation. The value does not include non-room revenues, such as casinos, shops and telecommunication services.
- The Indian hotels & motels industry had total revenues of $6.1bn in 2016, representing a compound annual growth rate (CAGR) of 1.4% between 2012 and 2016.
- Industry consumption volume increased with a CAGR of 5.2% between 2012 and 2016, to reach a total of 3,935.0 establishments in 2016.
- The growth of foreign and domestic demand in the Indian industry has been strong in recent years. In detail, the rising income of the population has spurred domestic leisure and business travel expenditure, while international tourist arrivals were also increased by the relaxing of visa requirements. Nevertheless, the declining average price of accommodation amid strong growth of supply in recent years has eroded the revenues of hotel operators that sought to improve occupancy rates. In fact, the growth acceleration of 2016 was achieved by the peak of demand in that year, improving occupancy rates, as prices went down again, although less than previous years.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in India
- Leading company profiles reveal details of key hotels & motels market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India hotels & motels market with five year forecasts by both value and volume

Reasons to buy
- What was the size of the India hotels & motels market by value in 2016?
- What will be the size of the India hotels & motels market in 2021?
- What factors are affecting the strength of competition in the India hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up India’s hotels & motels market?
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Country=India Industry=Hospitality ParentIndustry=Services Date=201709 Topic=MarketSize Publisher=MarketLine Price=1000