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Indian medical tourism on the rise.
Monday, 2nd July 2007
Source : Research and Markets
Forecasts reveal that the number of tourists visiting India for the purpose of medical treatment will reach one million by 2012, representing a CAGR of 28.09% from 2007.

This "Indian Tourism Industry Forecast (2007-2011)" report provides an objective analysis of the present scenario and future prospects of the Indian tourism industry.

This report focuses on different parameters of tourism industry including: inbound tourism, outbound tourism, expenditure by inbound tourists, and medical tourism in India. It also helps to analyze the opportunities and factors critical to the success of tourism industry in India.

Key Findings

  • In India, inbound tourist expenditure per head is third highest in the world and even more than global average tourist spending.
  • India has been promoting its healthcare tourism by providing the visitors with private healthcare facilities. It is expected that the number of tourists visiting India for the purpose of medical treatment will reach one Million by 2012, representing a CAGR of 28.09% from 2007.
  • Disposable income in past (during 2001-2006) grew at a CAGR of 10.11%, thereby driving domestic as well as outbound tourism.
  • Room rent accounts for more than 50% of revenue earned by Indian hotel industry.
  • Indian outbound tourist flow is expected to increase at a CAGR of 12.79% over the five-year period spanning 2007-2011.
  • Tourist influx to India is expected to increase at a CAGR of 22.65% between 2007 and 2011.
  • India's share in global tourism is expected to reach 1.5% by 2010.
Key Players Analyzed

This section covers the key facts about the major players (tour operator & hotels) currently operating in the Indian tourism industry. The key players analyzed in this section include: Thomas Cook India Pvt. Ltd., Kuoni India Ltd., Cox & Kings India Ltd., Raj Travels & Tours Ltd., prominent Hotels & Resorts such as Taj Hotels, The Oberoi Group, Hyatt Corporation, ITC Welcomgroup.

Research Methodology Used

Information Sources:

Information has been sourced from books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, by monitoring industry news and developments, and through access to access to more than 3000 paid databases.

Analysis Methods:

The analysis methods include the following: Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis.

For more information visit www.researchandmarkets.com/reports/c61190
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