For all those discerning travelers making their way to India, life will get much simpler! No more worrying about finding the right kind of hotel…be it a suave and stylish boutique hotel, a no nonsense business hotel ,a rejuvenating spa resort or even a clean (yes, a well-sanitized and hygienic) budget hotel (and YES, in India!), over the next few years we will have everything to offer.
The tourism industry is flourishing like never before and the influx of tourists from all parts of the world is creating a demand for hotels big and small, stylish and simple, in sought-after and even unknown destinations. There seems to a walloping wave of optimism in the industry and everyone everywhere is building hotels! . The international biggies of hospitality are all looking towards India. A dozen global chains including, the Hilton, Accor, Marriott International, Berggruen Hotels, Cabana Hotels, Premier Travel Inn (PTI), Ramada Inn, Four Seasons Regent and InterContinental Hotels group have announced plans to set up over 350 five-star, four-star and budget hotels and 50 villas. Room tariffs have risen about 40 per cent in the past 1 1/2 years on higher occupancy and demand. The inventory that these hotels will bring in to the market will make rooms affordable for the average traveller. With an annual growth rate of 15% the Indian hospitality industry is racing to bridge the gap between the supply (110000 rooms) and demand (360000 rooms) which incidentally is expected to widen further as the economy grows rapidly.
It is the land of temples and ascetics, spicy curries and superstition, fuchsia pinks and bright yellows. A country where a guest is treated like God. A country where one can take a beach-holiday, go to a ski-resort, go on a pilgrimage and even visit some of the worlds most techno-savvy cities. And now, India has been voted the most coveted destination by the Conde Nast Traveller Readers’ Travel Awards that were announced on September 3, 2007 The Conde Nast Traveller, a major travel magazine, during its 10th annual awards honoured the most popular destinations at home and around the world. Some of the world’s most ardent travellers have chosen India as the most preferred destination, under sub-categories like ‘value for money’, ‘range of accommodation’ and ‘variety of attractions’.
India’s hotel industry has entered the global stage, supported by its growing economy and the development of the ‘Incredible India’ tourism brand. India’s hospitality sector has grown in an unprecedented manner during the last few years and continues to do so. The future seems promising and the industry is expected to emerge as one of the key players globally.