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Essay

Hotel Industry Of India

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Issue:

Business

 

Written by:

Edward H

 

Date added:

June 28, 2016

 

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Grade:

A

 

No of pages / words:

4 / 853

 

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8028 times

 

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These rooms are further classified into various segments out of which, Five star and Five star deluxe hotels account for around 27% of the total capacity, three star hotels (22%), four star (8%), two star (9%), one star and Heritage hotels (2% each) and the rest is divided between unclassified and unapproved hotels The five star hotel segments have grown the fastest during the last five years at a CAGR of 12%...
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Further this segment can be divided into 3 sub-segments namely Luxury, Business and Leisure. The growth in this segment indicates the genre of travelers coming into the country. Over the last few years the country has witnessed a large influx of business travelers in the country owing to relaxation of the government's stand on Foreign Direct Investments (FDI) for most of the sectors in the country...
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