1.GLOBAL MARKET(hospitality industry)

2. Major Global Hotel Chains
Starwood
Marriott
Hilton
Intercontinental
Hyatt
Carlson
Indian hotels
East India hotels
Leela ventures
ITC
Accor
3.

India's strong GDP performance

4. Strengthening of ties with the developed world, and 5. Opening of sectors of the economy to private sector/ foreign investment. 6. Foreign tourist arrivals witnessed a growth of 78 per cent in 2006 over 2001 (last 5 years) 7. Growth in foreign exchange earnings was of the order of 122 per cent during this period. 8. As per estimates (Ministry of Tourism), on an average, about 3.1 million additional jobs