The Boom In Indian Hospitality Sector

India, the land of cultural and geographical diversity has a lot to offer for its domestic and international guests. India is a land of permanent potential with dazzling contradiction. As reflected from records, the Indian hospitality sector has contributed almost 9 percent to the country's GDP. The Indian hotel sector market is estimated to reach US$ 30 billion by 2015.

The hotel industry can also be known as the memories industry, as it provides the guests not only with good food and a comfortable accomodation but also beautiful memories to cherish. India as a market offers opportunities and rewarding benefits to its investors. Studies reveal that India is a destination that is in high demand/ wishlist for the leisure, business and extended stays, luxury hotels and mid market hotels. The country's portofilo has been able to attract various international brands like Fairmont, Hilton Worldwide and many other major players of the industry and its Indian counter parts like The Tata Group, The Leela's, Oberoi's Trident and many more.

With rise in disposable income, urban India is now more willing to explore leisurely services and experience the willing option of frequent dine outs, vacations and more. International guests have always been keen to spend in observing and experiencing India in true sense. The current scenario seems very rewarding and what lies ahead is the emerging new trends in this sector with ample of investment opportunities to the international markets and its Indian counterparts.

Hoteliers, consultants, resturant-owners are all affected by the current inflation scenario that is expected to continue this year. The challenges of operating in a tough economic climate are mounting high owing to the pressing customer behavior, oversupply, and competitive edge.

Understanding the need of the hour for this sector, Fleming Gulf presents The Hospitality India Summit 2014. Taking place on 22 - 23 August in Banglore, this summit will gather industry peers and eminient speakers sharing their experienced knowledge through focussed presentations, case studies & panel discussions.

This summit will also explore exhibition options and generate high level of networking opportunites along with a powerful agenda for the summit thus boosting the industry to overcome all emerging challenges in the hospitality sector of India.

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Trade Promotion Council of India

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Confederation of Indian Industry