September 29, 2022

India’s hotel market set to grow from roughly $ 7.5 billion in 2019 to $ 16.8 billion by 2025 – ResearchAndMarkets.com


DUBLIN – (COMMERCIAL THREAD) – The “Indian hotel market, by type of hotel (mid-range, high-end, budget hotels), by sources of income (room, food and drink and others), by type of reservation, by region , by Major City, Competition, Forecast & Opportunities, 2025 “report was added to ResearchAndMarkets.com offer.

The Indian hotel market is expected to grow from around $ 7.5 billion in 2019 to $ 16.8 billion by 2025, showing a CAGR of nearly 15% during the forecast period.

The market is expected to grow due to increasing urbanization, increasing foreign and domestic tourist arrivals coupled with growing disposable income in the country. The increase in the young and active population coupled with a growing number of dual income families is expected to have a positive impact on the market in the years to come.

The country’s hotel market is categorized into mid-range hotels, high-end hotels, and budget hotels. The mid-range hotel segment holds the largest market share and the trend is expected to continue in the coming years due to the user-friendly prices, standard amenities and affordable room services offered by mid-range hotels. Nonetheless, the premium and economy segments are also expected to experience robust double-digit growth during the forecast period.

In addition, due to the growing investments of international players in the country’s hotel industry, more hotels are expected to emerge 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 rapidly growing region in the Indian hospitality industry.

Years considered for this report:

  • Historical years: 2015-2018

  • Baseline year: 2019

  • Estimated year: 2020

  • Forecast period: 2021-2025

The objective of the study:

  • To analyze and forecast the market size of the Indian hotel market.

  • Classify and forecast the Indian hotel market based on type, income, type of booking, region and city.

  • Identify the drivers and challenges of the Indian hotel market.

  • Examine competitive developments such as expansions, new product launches, mergers and acquisitions etc. in the Indian hotel market.

  • Identify and analyze the profile of the main players operating in the Indian hotel market.

Main topics covered:

1. Area of ​​interest Introduction / Definition: Hospitality industry

2. Research methodology

3. Executive summary

4. Customer Voices / Customer Insights

5. India Hospitality Industry Market Outlook

5.1. Market size and forecast

5.1.1. By value

5.2. Market share and forecasts

5.2.1. By hotel type (mid-range, high-end and budget hotels)

5.2.2. By sources of income (room, food and drink and others (ancillary services, laundry, transport, etc.)

5.2.2.1. India Type of Hotel Industry Reservations Market Share

5.2.2.1.1. By booking mode / channel (offline or online)

5.2.2.1.2. By Tourist (Domestic VS International)

5.2.3. By region (North, West, South, East)

5.2.4. By major cities (Top 10)

5.2.5. By company

5.3. Market attractiveness index

6. India Mid-Range Hotel Market Outlook

6.1. Market size and forecast

6.1.1. By value and volume

6.2. Market share and forecasts

6.2.1. By source of income (room, food and drink and others (ancillary services, laundry, transport, etc.))

7. India Premium Hotel Market Outlook

7.1. Market size and forecast

7.1.1. By value and volume

7.2. Market share and forecasts

7.2.1. By source of income (room, food and drink and others (ancillary services, laundry, transport, etc.))

8. India Budget Hotel Market Outlook

8.1. Market size and forecast

8.1.1. By value and volume

8.2. Market share and forecasts

8.2.1. Income stream (room, food and drink and others (ancillary services, laundry, transport, etc.))

9. Market dynamics

9.1. Drivers / Opportunities

9.2. Challenges / Restrictions

10. Market trends and developments

11. Political and regulatory landscape

12. Economic profile of India

13. Competitive landscape

13.1. Company Profiles (Top 10 Companies)

13.1.1. Oravel Stays Private Limited

13.1.2. Indian Hotels Company Limited

13.1.3. ITC Limited

13.1.4. EIH Limited

13.1.5. Bharat Limited Hotels

13.1.6. Citronnier Hotels

13.1.7. Leela’s palaces, hotels and resorts

13.1.8. Marriott Hospitality Services Private Limited

13.1.9. Hilton India Pvt Ltd

13.1.10. Radisson (India) Private Limited

14. Strategic recommendations

For more information on this report, visit https://www.researchandmarkets.com/r/sg3tgo