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Started by : Adesh Dalvi, Marketing Executive, TAJ   11 11 2008 13:04:58 +0000
Industry : HospitalityFunctional Area : Strategy Execution(Strategy & Execution)
Activity:  57 views;  last activity : 07 06 2010 20:18:09 +0000

The hotel industry in India is going through an interesting phase like the industry has a capacity of more than 1 Lac rooms right now, but  according to the tourism ministry, 4.4 million tourists visited India last year and at the current rate, the demand will soar to 10 million by 2010, so to accommodate 350 million domestic travelers. The hotels of India have a shortage of 150,000 rooms fueling hotel room rates across India. With tremendous pull of opportunity, India has become a destination for hotel chains looking for growth. So What are the factors that will lead to the growth of the Hotel Industry in India. So do givin your views..

 
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1 Young Population
2 Different cultures
3 English!!

Young Population

idea posted by James Masih Product/Brand Manager, FedEx

I think Indian population is right now very young, according to a survey done during the elections it is said that more than 50% of Indian population is less than 30, so this should give a great oppurtunity every industry to set up its base here..



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YES.. this is right that majority of Indian Population is YOUNG and in future only the young generations are expected to/will innovate the newer means of lifestyles and experiences.. this is a very good oppurtunity for India as its populations are young and hot blooded it will heavily help in its development and its explorations sucessfully and moreover gaining a COMPETTIVEADVANTAGE  over all other countries...

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Different cultures

idea posted by Anurag Dave Product/Brand Manager, FedEx

I think this will be a major factor for the Hotel industry and the tourism, becuase India is so vast and a tourist if he wants to go some place else he just can sit in train and the next morning he will feel like he has come to another country in terms of varioius cultures that is there in India so both the hotel and tourism departments will really do well for that matter just because India is culturally different from various other countries.



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English!!

idea posted by Adesh Dalvi Marketing Executive, TAJ

I think this is the most important thing for any industry for that matter. India is the second highest nation after US which speaks in english, so there is more knowlegeable people in India than anywhere by which it makes life easier for the tourists and others as well.



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