India Hotel Market – Industry Key Growth Factor Analysis & Research Study 2025Posted by Sophia Jones on March 9th, 2020 Market Reports on India Provides the Trending Market Research Report on ”India Hotel Market, By Hotel Type (Mid-market, Upscale Hotels, Economy Hotels), By Revenue Streams (Room, Food & Beverages, and others), By Booking Type, By Region, By Major City, Competition, Forecast & Opportunities, 2025 ” under Consumer Goods category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. India Hotel Market is projected to grow from around $ 7.5 billion in 2019 to $ 16.8 billion by 2025, exhibiting a CAGR of nearly 15% during the forecast period. The market is expected to grow on account of rising urbanization, increasing foreign as well as domestic tourist arrivals coupled with growing disposable income in the country. Expanding young & working population coupled with an increasing number of dual-income families is expected to positively affects the market in the coming years. Request a free sample copy of India Hotel Market Report: The country’s hotel market is categorized into Mid-market Hotels, Upscale Hotels and Economy Hotels. Mid-market hotels segment holds the largest market share and the trend is expected to continue in the coming years due to customer-friendly prices, standard amenities and affordable room services offered by Mid-market hotels. Nevertheless, both Upscale as well as Economy segments are also anticipated to witness robust double digit growth during the forecast period. Additionally, due to the rising investments by international players in the country’s hotel industry, more hotels are expected to come up 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 hotel industry. Major players operating in India hotel market include Oravel Stays Private Limited; Indian Hotels Company Limited; ITC Limited; EIH Limited; Bharat Hotels Limited; Lemon Tree Hotels; The Leela Palaces, Hotels and Resorts; Marriott Hospitality Services Private Limited; etc. Years considered for this report: The objective of the Study: To analyze and forecast the market size of the India Hotel Market. Our Research calculated the market size of the India hotel market using a bottom-up approach, wherein data for various applications across various end-user segments was recorded and forecast for the future years. Our Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Our Research. Key Target Audience: Hotel owners, operators and other stakeholders Report Scope: Market, By Hotel Type: Market, By Revenue Streams: Market, By Bookings Type: Market, By Region: Market, Major City: Market, By Company: Available Customizations: Company Information Profit Margin Analysis Browse our full report with Table of Contents : About Market Reports on India: Contact us at: Like it? Share it!More by this author |