A $ 16.8 Billion Opportunity Assessment with Top 10 Player Profiles
DUBLIN, July 10, 2020 / PRNewswire / – The “Indian hotel market, by hotel type (mid-range hotels, high-end hotels, budget hotels), by revenue sources (room, food and drink and others), by type of reservation, by region, by Big city, Competition, Forecast and Opportunity, 2025 Report “has been added to ResearchAndMarkets.com offer.
India the hotel market is expected to grow by around $ 7.5 billion in 2019 at $ 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 foreign and domestic tourist arrivals coupled with growing disposable income in the country. The increase in the young and active population associated with a growing 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 fast growing region in India the hospitality industry.
The main players operating in India the hotel market includes Oravel Stays Private Limited; Indian Hotels Company Limited; ITC Limited; EIH Limited; Bharat Hotels Limited; Lemon tree hotels; Leela’s palaces, hotels and resorts; Marriott Hospitality Services Private Limited; etc.
Years considered for this report:
- Historical years: 2015-2018
- Baseline year: 2019
- Estimated year: 2020
- Forecast period: 2021-2025
Goal 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 India Hotel market.
- Identify and analyze the profile of the main actors operating in India Hotel market.
Key topics covered
1. Area of interest Introduction / Definition: Hospitality industry
2. Research methodology
3. Executive summary
4. Customer Voices / Customer Insights
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.)
188.8.131.52. India Type of Hotel Industry Reservations Market Share
184.108.40.206.1. By booking mode / channel (offline or online)
220.127.116.11.2. By Tourist (Domestic VS International)
5.2.3. By region (North, West, South, East)
5.2.4. Through Big 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/p62fh3
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