DUBLIN – (COMMERCIAL THREAD) – The “Indian hotel market, by type of hotel (mid-range, high-end, budget hotels), by sources of income (room, food and drinks, and others), by type of reservation, by region, by major city, competition, Forecast & Opportunities, 2025 “has been added to ResearchAndMarkets.com offer.
The Indian hotel market is expected to grow from around $ 7.5 billion in 2019 to $ 16.8 billion by 2025, showing a CAGR of nearly 15% during the forecast period.
The market is expected to grow due to increasing urbanization, increasing arrivals of foreign and domestic tourists coupled with growing disposable income in the country. The increase in the young and active population coupled with an increasing number of dual income families is expected to positively affect the market in the coming years.
The country’s hotel market is categorized into mid-range hotels, high-end hotels, and budget hotels. The mid-range hotel segment holds the largest market share and the trend is expected to continue in the coming years due to the user-friendly prices, standard amenities and affordable room services offered by mid-range hotels. Nonetheless, the premium and economy segments are also expected to experience robust double-digit growth during the forecast period.
In addition, due to the growing investments of international players in the country’s hotel industry, more hotels are expected to emerge in the coming years. North India dominated the country’s hotel market in 2019 and the region is expected to maintain its dominance during the forecast period. South India is another rapidly growing region in the Indian hospitality industry.
Years considered for this report:
Historical years: 2015-2018
Baseline year: 2019
Estimated year: 2020
Forecast period: 2021-2025
The objective of the study:
To analyze and forecast the market size of the Indian hotel market.
Classify and forecast the Indian hotel market based on type, revenue, type of booking, region and city.
Identify the drivers and challenges of the Indian hotel market.
Examine competitive developments such as expansions, new product launches, mergers and acquisitions etc. in the Indian hotel market.
Identify and analyze the profile of the main players operating in the Indian hotel market.
Main topics covered:
1. Area of interest Introduction / Definition: Hospitality industry
2. Research methodology
3. Executive summary
4. Customer Voices / Customer Insight
5. India Hospitality Industry Market Outlook
5.1. Market size and forecast
5.1.1. By value
5.2. Market share and forecasts
5.2.1. By hotel type (mid-range, high-end and budget hotels)
5.2.2. By sources of income (room, food and drink and others (ancillary services, laundry, transport, etc.)
184.108.40.206. India Type of Hotel Industry Reservations Market Share
220.127.116.11.1. By booking mode / channel (offline or online)
18.104.22.168.2. By Tourist (Domestic VS International)
5.2.3. By region (North, West, South, East)
5.2.4. By major cities (Top 10)
5.2.5. By company
5.3. Market attractiveness index
6. India Mid-Range Hotel Market Outlook
6.1. Market size and forecast
6.1.1. By value and volume
6.2. Market share and forecasts
6.2.1. By source of income (room, food and drink and others (ancillary services, laundry, transport, etc.))
7. India Premium Hotel Market Outlook
7.1. Market size and forecast
7.1.1. By value and volume
7.2. Market share and forecasts
7.2.1. By source of income (room, food and drink and others (ancillary services, laundry, transport, etc.))
8. India Budget Hotel Market Outlook
8.1. Market size and forecast
8.1.1. By value and volume
8.2. Market share and forecasts
8.2.1. Income stream (room, food and drink and others (ancillary services, laundry, transport, etc.))
9. Market dynamics
9.1. Drivers / Opportunities
9.2. Challenges / Restrictions
10. Market trends and developments
11. Political and regulatory landscape
12. Economic profile of India
13. Competitive landscape
13.1. Company Profiles (Top 10 Companies)
13.1.1. Oravel Stays Private Limited
13.1.2. Indian Hotels Company Limited
13.1.3. ITC Limited
13.1.4. EIH Limited
13.1.5. Bharat Limited Hotels
13.1.6. Citronnier Hotels
13.1.7. Leela’s palaces, hotels and resorts
13.1.8. Marriott Hospitality Services Private Limited
13.1.9. Hilton India Pvt Ltd
13.1.10. Radisson (India) Private Limited
14. Strategic recommendations
For more information on this report, visit https://www.researchandmarkets.com/r/sg3tgo