INDIAS HOTEL INDUSTRY
Current situation of Indias hotels
According to the World Travel and Tourism Council, the growth in the hospitality industry is pegged at 15% every year, and with 2,00,000 rooms (both luxury and budget) needed in the country, the segment is poised for a stupendous growth The boom has attracted several global players, ranging from Starwood and Mariott to Four Seasons and Shangri-La.
The engine of growthTourist BOOM!
The tourism traffic has been growing between 20-28 % every year for the last four years and this rate of growth is expected to continue for the next few years.
The Ministry of Tourism is pushing the great Indian story effectively with its subtle and charming Incredible India
ITC s Reach
ITC Grand Chola, Chennai ITC Maratha, Mumbai ITC Gardenia, Bengaluru ITC Windsor, Bengaluru ITC Grand Central, Mumbai ITC Sonar, Kolkata ITC Kakatiya, Hyderabad ITC Rajputana, Jaipur ITC Mughal, Agra Sheraton New Delhi Hotel, ND Sheraton Park Hotel & Towers, Chennai and many more
Looking for newIntegration of full-fledged spas on the premises of hotels Indias rich cultural heritage. High demand Restaurant TV Swimming pool Telephone Fax Banquets & conference.Round the clock room service
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Note: 1. Total Tax 19.42% on Applied Rate 2. Rates are subject to change without notice. 3. Taxes and service charges applicable extra. 4. Above rates are valid until further advise.
INR Room Type
SingleExecutive Club Manor Room The Towers* ITC One* Manor suite* Presidential Suite* 15,000 16,000 18,000 25,000 40,000 200000
Double16,500 18,000 19,500 26,500
*Inclusive of Breakfast. Rates effective 1st October, 2012.
The future growth
Hospitality experts believe that the Indian hotel industry will witness higher than usual growth in the coming peak season. Top-end hotels are experiencing high room occupancy rates even in the lean season. The lean season has been exceptionally good for us. Our room occupancy rate has been around 89 per cent and we are looking at over 95 per cent occupancy for the period September to December, says Kapil Chopra, general manager, Trident Hilton, Gurgaon. The non-luxury segment in particular has been perking up with more and more investors spotting the demand supply imbalance, surge in domestic travel and growth in spending among middle-class Indians.