India Hotels Market Overview:
Maximize Market Research is a leading market research firm based in Pune that has published a detailed analysis of the “India Hotels Market”. The updated India Hotels market reports include the market size data for the year 2022 and provide an estimated value for 2029, and a CAGR forecast has been made for the period from 2023 to 2029.
Anticipated Growth in Revenue:
India Hotels Market Size was valued at USD 29.40 Mn. in 2022 and the India Hotels Market is expected to grow by 9.7 % from 2023 to 2029, reaching nearly USD 56.21 Mn.
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India Hotels Market Scope and Methodology:
The India Hotels market report employs a rigorous research methodology to ensure the reliability of its findings. Maximize Market Research Pvt Ltd utilizes a combination of primary and secondary research techniques, including interviews with company experts, surveys, and analysis of databases. The report offers valuable information on the latest market trends, factors driving growth, obstacles hindering progress, potential opportunities, and key challenges on a global and regional scale. The report covers India Hotels market segmentation based on end-users the growth of the segment helps you to analyze the India Hotels market growth, also provide the market overview and insights to make a helpful strategic decision in a dynamic market landscape.
The India Hotels market reports provide detailed of new recent developments, import-export analysis, trade regulations, production analysis, value chain analysis and technological roadmap, market share, and impact of domestic and local market key players.
India Hotels Market Regional Insights:
The report offers a detailed examination of major regions including North America, Europe, Asia-Pacific, South America, and the Middle East and Africa, providing valuables analysis of regional market drivers, trends, and opportunities for stakeholders, also import and export, regulations, challenges of the India Hotels market.
India Hotels Market Segmentation:
by Location
City centre
Motels
Suburban hotels
Resort hotels
Boatels
The Indian hotel market is divided into four segments based on location: location, size of property, level of service, and theme. The city hotel segment held a 35% market share in 2021 and is expected to continue to hold a dominant position for the duration of the forecast period. These hotels are usually found in urban areas, close to commercial buildings, retail establishments, and railroad crossings. They charge comparatively higher prices because of their prime locations. High foot traffic in city hotels leads to consistently high occupancy rates.
by Size of Property
Small hotel
Medium-sized hotel
Large hotel
Mega hotel
Chain hotels
The Indian hotel market is divided into five categories: small hotels, medium-sized hotels, large hotels, mega hotels, and chain hotels. This division is based on the size of the property. Mid-scale hotels mostly offer suite-style accommodations with basic services and a restricted selection of on-site amenities. These establishments usually serve and draw a particular traveler demographic. In terms of market hierarchy, economy and luxury hotels come after midscale hotels. On the other hand, economy hotels frequently lack an on-site restaurant and only provide a limited number of services. But in return, they might offer a small free food and drink service, like a continental breakfast served on the premises. These accommodations have compact bedrooms with king-sized beds and tiny living rooms with tasteful furnishings.
by Level of Service
Economy hotels
Mid-Scale hotels
Luxury hotels
by Theme
Heritage hotel
Ecotels
Boutique hotels
Spas
The Indian hotel market is divided into four categories based on themes: heritage hotels, ecotels, boutique hotels, and spas. Over the course of the forecast period, the heritage hotel segment is anticipated to hold the largest market share. These hotels take pride in their historical architecture and actively work to offer visitors a taste of the local way of life through traditional food and artwork. These hotels frequently provide activities that let visitors interact with the local culture, including guided tours and cultural performances. They draw tourists from all over the world who are looking for a more genuine experience and a closer bond with the local culture.
by Distribution Channel
Online
Offline
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Table of Content: India Hotels Market
Part 01: Executive Summary
Part 02: Scope of the India Hotels Market Report
Part 03: Global India Hotels Market Landscape
Part 04: Global India Hotels Market Sizing
Part 05: Global India Hotels Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
India Hotels Market Key Players:
1. OYO(Gurugram, Haryana)
2. Lemon Tree Hotel(Delhi)
3. Treebo(Karnataka)
4. Hyatt Hotels Corporation(Chicago Chicago)
5. InterContinental Hotel Groups(United Kingdom)
6. Marriott International(United States)
7. Radisson Blue Hotels(Belgium)
8. Shangri La Hotels & Resorts(Hong Kong)
9. Taj Hotels Resorts & Places(Maharashtra)
10. The Lalit Hotels(New Delhi)
11. The Leela Palace(Maharashtra)
12. The Oberoi Group(Delhi)
13. The Park Hotels(West Bengal)
14. Bharat Hotels Limited(New Delhi)
15. Hotel Leelaventure Limited(Maharashtra)
16. ITC Hotels Limited(West Bengal)
17. The Indian Hotels Company Limited(Maharashtra)
18. Sarovar Hotels Private Limited(Maharashtra)
19. Marriott Hotels India Private Limited(United States.)
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Key questions answered in the India Hotels Market are:
- What is India Hotels?
- What was the India Hotels market size in 2022?
- Which region has the largest share in India Hotels Market?
- What is the growth rate of the India Hotels Market?
- Which are the factors expected to drive the India Hotels market growth?
- What growth strategies are the players considering to increase their presence in India Hotels?
- What are the upcoming industry applications and trends for the India Hotels Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the India Hotels Market?
- Who are the leading companies and what are their portfolios in India Hotels Market?
- What segments are covered in the India Hotels Market?
- Who are the key players in the India Hotels market?
- What are the different segments of the India Hotels Market?
- Which Company accounted for the highest India Hotels market share?
- What is the study period of this Market?
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by Different Segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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