Hotels & Motels in India
SummaryHotels & Motels in India industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hotels & motels industry consists of establishments that provide paid lodging and full guest services, typically with a continuous staff presence. In the case of motels, this includes off-street parking facilities, but not necessarily meal services. The industry is detailed in both value and volume terms.
- The Indian hotels and motels industry had total revenues of $2.2bn in 2020, representing a compound annual rate of change (CARC) of -19.7% between 2016 and 2020.
- The number of establishments increased with a compound annual growth rate (CAGR) of 9.4% between 2016 and 2020, to reach a total of 4,398.0 in 2020.
- Growth in the Indian industry has been facilitated by growing volumes of international tourism. During 2019, foreign tourist arrivals (FTAs) in India stood at 10.89 million, achieving a growth rate of 3.20% Y-o-Y.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the hotels & motels market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in India
- Leading company profiles reveal details of key hotels & motels market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India hotels & motels market with five year forecasts by both value and volume
Reasons To Buy
- What was the size of the India hotels & motels market by value in 2020?
- What will be the size of the India hotels & motels market in 2025?
- What factors are affecting the strength of competition in the India hotels & motels market?
- How has the market performed over the last five years?
- How large is India’s hotels & motels market in relation to its regional counterparts?
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