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Define hotel An establishment that provides lodging and usually meals and other work for travelers and other paying guests. Growth of hotel industries The increase in the submit for accommodation has hugely increased the demands for hotels which in turn has boosted the harvest-festival of the hospitality sector in India especially that of the hotel patience. Over the run decade and half the mad rush to India for line of credit opportunities has intensify and elevated room rates and occupancy levels in India. The no-hit growth story of Hotel Industry in India seconds only to mainland China in Asia Pacific. The Hotel Industry is inextricably linked to the tourism industry and the growth in the Indian tourism industry has render the growth of Indian hotel industry. The thriving economy and increased business opportunities in India have acted as a boon for Indian hotel industry. The arrival of low cost airlines and the associated price wars have accustomed internal tourists a host of options. The Incredible India destination campaign and the belatedly launched Atithi Devo Bhavah (ADB) campaign have also helped in the growth of domestic and international tourism and consequently the hotel industry. What is the reason behind this choppy growth in the hotel industry in India?

The hotel industry in India is going through an interesting phase. The industry has a might of 110,000 rooms. According to the tourism ministry, 4.4 one thousand million tourists visited India last year and at the current rate, the demand will soar to 10 million by 2010 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 handcuffs looking for growth. Due to such a huge authorization available in this segment, several global hotel chains standardised the Hilton, Accor, Marriott International, Berggruen Hotels, Cabana Hotels, Premier Travel Inn (PTI),... If you want to get a full essay, order it on our website: Ordercustompaper.com

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