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Hospitality & Tourism in India 2012 Table of contents Sr no. 1 2 3 4 5 6 7 8 Introduction Hospitality industry in India Opportunities in hospitality sector Tourism Industry in India Opportunities in tourism industry of India Impact of sustainable tourism Conclusion References Index Page 2 3 4 5 6 7 7 8
Bhupinder Singh
Page 1
Hospitality, on the other hand includes services, which involves act of kindness in welcoming and looking after the needs of guests or strangers, mainly relating to food, drink and accommodation. These services are provided by Hospitality industry, which includes companies or organizations providing food/drinks/accommodation to people who are their guests. This industry compromises of two services provided, which are Accommodation:-it mainly consists of places like public houses, resorts, inn, hotels, hostels, serviced apartments, and motels, where a place is provided to the guests to rest or accommodate during their stay in place away from home Entertainment areas:- it includes clubs and bars, restaurants, fast foods, and nightclubs, where other facilities relating to hospitality are provide such as food, entertainment etc.
Bhupinder Singh
Page 2
Bhupinder Singh
Page 3
Indias travel and tourism industry is expected to generate revenue of Rs. 1,970 bn (US$ 42 bn) in 2010, according to the World Travel & Tourism Council (WTTC). This would be around 3.1% of total GDP. However, since travel and tourism touches all sectors of the economy, its real impact is greater and the travel and tourism economy directly and indirectly accounts for ` 5,533 bn (US$ 118 bn), equivalent to 8.6% of total GDP.The breakup for Indian tourism industry is as follows:-
Bhupinder Singh
Page 5
7. Conclusion:The Tourism sector in India is providing an important contribution towards the growth of the countrys economy, with the sector recording double digit growth in FEEs and FTVs in the recent past. Further, the Government measures such as promoting India thro ugh Incredible India project is not only providing a holistic experience to the tourists visiting India but is also showcasing the opportunities to the investors in the tourism sector.
The sector is further expected to gain through the development of a comprehensive and coordinated framework, by capitalizing on the existing infrastructure and building upon the strength of Indias position as the fastest growing free market economy.
Bhupinder Singh
Page 7
Bhupinder Singh
Page 8