India Hotels Market to Witness Huge Growth by 2023 | Oberoi Amarvilas, Taj Mahal, ITC Grand Bharat,ITC Grand Bharat
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Hotels (establishments that provide paid lodging and full guest services, typically with a continuous staff presence) market have seen moderate change in the recent years and is also expected to evolve in similar fashion in the near future.
During 2013-2017 the overall room occupancy rate in India inclined at a CAGR of 2.06% with 64.88% of occupancy rate in 2017. Considering the occupancy rate by segments, Budget hotels accounted for highest occupancy of 70.08% in 2017 while Midscale hotels segment registered lowest occupancy of 63.27%. The former registered a CAGR of 0.51% while the later recorded a CAGR of 2.14%
The report India Hotels Market Analytics to 2022: Rooms and Revenue Analytics provides deep dive data analytics on wide ranging Hotels business aspects including overall revenue by customer type - Business and Leisure, by type of hotel - Budget, Midscale, Upscale & Luxury, Room & Non-Room Revenues, Number of Establishments & Rooms and Guest In-Flow’s for the period 2013 to 2017 and forecast to 2022.
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Furthermore, the report also details out Room Occupancy Rate (percentage of available rooms sold during a given period), Rooms Nights Available - Occupied and Revenue per Room by Hotel Category for the period 2013 to 2022 along with Total Revenues by Hotel Category & Customer Type.
The report acts as an essential tool for companies active or plans to venture in to India’s Hotels business. The comprehensive statistics within the report provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.
- Overview of the Hotels business in India.
- Analysis of the Room Occupancy Rate, Rooms Nights Available and Occupied and total Number of Hotel Establishments & Rooms
- Historic and forecast revenues by Customer type and Hotel Category for the period 2013 through to 2022
- Analytics on Revenue stream - Total Revenue, Room & Non-Room Revenue,Revenue per Available and Occupied Room and Total Revenue per Available Room by Hotel Category & Customer Type.
Reasons to buy
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- Evolve business plans based on forecasts information.
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Table of Contents
1 Executive Summary
2 India Hotels: Establishments by Hotel Category
2.1 Total Number of Establishments by Hotel Category Review, 2013 - 2017
2.2 Total Number of Establishments by Hotel Category Forecast, 2017 - 2022
3 India Hotels: Rooms by Hotel Category
3.1 Total Number of Rooms by Hotel Category Review, 2013 - 2017
3.2 Total Number of Rooms by Hotel Category Forecast, 2017 - 2022
4 IndiaHotels: Room Occupancy Rate by Hotel Category
4.1 Room Occupancy Rate, 2013 - 2017
4.2 Rooms Occupancy Rate, 2017 - 2022
5 India Hotels: Room Nights Available by Hotel Category
5.1 Total Number of Room Nights Available by Hotel Category Review, 2013 - 2017
5.2 Total Number of Rooms Nights Available by Hotel Category Forecast, 2017 - 2022
6 India Hotels: Rooms Nights Occupied by Hotel Category
6.1 Total Number of Room Nights Occupied by Hotel Category Review, 2013 - 2017
6.2 Total Number of Rooms Nights Occupied by Hotel Category Forecast, 2017 - 2022
7 India Hotels: Revenue per Available Room by Hotel Category
7.1 Historic Revenue per Available Room by Hotel Category
7.2 Forecast Revenue per Available Room by Hotel Category
8 India Hotels: Revenue per Occupied Room by Hotel Category
8.1 Historic Revenue per Occupied Room by Hotel Category
8.2 Forecast Revenue per Occupied Room by Hotel Category
9 India Hotels: Total Revenue per Available Room
9.1 Total Revenue per Available Room, 2013 - 2017
9.2 Total Revenue per Available Room, 2017 - 2022
10 India Hotels: Total Room Revenue by Hotel Category & Customer Type
10.1 Budget Hotels - Total Room Revenue by Customer Type
10.1.1 Total room revenue from budget hotels review, 2013 - 2017
10.1.2 Total room revenue from budget hotels forecast, 2017 - 2022
10.2 Midscale Hotels - Total Room Revenue by Customer Type
10.2.1 Total room revenue from midscale hotels review, 2013 - 2017
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