Ten years of operations in the Indian sub-continent has allowed us to witness a full cycle for the hotel sector in the country - The last three years have been particularly exciting with the industry performing exceptionally well.
More interestingly, it has taken us approximately 11 years to reach or exceed the previous occupancy highs seen in the mid-nineties. This publication assesses current trends and presents future opportunities for the hotel industry in India.
As always, apart from conducting specific research for this publication, we have included macro data provided by the Department
of Tourism. The publication briefly discusses the tourism industry in India in the context of the present economic scenario and presents the results of our survey on the performance of mostly branded hotels, analysed by each segment of the hotel market, as well as by major cities.
In the current edition, we have chosen to share detailed information about the type of new hotel supply entering the major cities. For each city we have presented the new supply, its market orientation and even suggested the number of hotels under construction or active development. As in previous editions of this report, we have, once again, presented our assessment of industry trends and development opportunities; this is included as part of the ‘Future Trends' section.
In addition to this document, we publish
The Indian Hotel Industry Survey on an annual basis
, in association with the Federation of Hotel & Restaurant Associations of India (FHRAI).
This publication, the only one of its kind in India, provides detailed financial and operating information on the hotel industry, analysed by star category, across all major cities in the country. The next edition (2005/06) will be available by the end of the year.
This is the tenth edition of HVS International's
Hotels in India - Trends and Opportunities publication, providing us with a unique opportunity to understand industry dynamics through eleven years of performance trends representing periods of peaks and valleys. This year, a record 252 hotels, having a total room count of 33,501 rooms, participated in our survey.
To read the complete article, please follow the below link:
www.hvs.com/Content/2024.pdf About the AuthorManav Thadani joined HVS International's New York office as a Consultant and Valuation Analyst in September 1995. Prior to joining HVS, he gained six years of operational experience in various hotels in New York City.
www.hvs.com 
