India Hotels Market Overview
The report published by Maximize Market Research helps clients to understand the competitive landscape in detail, which is a guide for strategic planning. The India Hotels market overview provides thorough details about the size of the market, trade statistics, leading players, and various market metrics such as life cycle, trends, etc.
Market Values:
India Hotels Market revenue was US$ 24.7 Bn in 2020 and is expected to reach US$ 45.44 Bn. by 2027 at a CAGR 9.1% through out the forecast period.
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India Hotels Market Report Scope and Research Methodology
The technology adoption, financial standing, portfolio, merger and acquisition, joint ventures and strategic alliances are covered in the competitive environment for the India Hotels market. A thorough report includes the drivers, restraints, opportunities, and challenges of the India Hotels market. To understand India Hotels market estimations and growth rates, a bottom-up approach was used in the report.
Regional analysis of the India Hotels market was conducted at a local, regional and global level to understand the India Hotels market penetration, price and demand analysis and competitive landscape. The report provides fundamental information on the India Hotels market such as stakeholders, investors and new entrants used to develop marketing plans and investments.
The primary and secondary data methods were used for the data collection for the India Hotels Market. The primary approach involves surveys, questionnaires and telephonic interviews with market leaders, business owners, etc. and the secondarydata collection method includes press news, annual reports and financial reports, white papers, etc. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to determine the competitive intensity of the industry in the India Hotels Market
India Hotels Market Regional Insights
The India Hotels market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The Regional Analysis in the report helps to understand the India Hotels market in several countries. The report includes a detailed analysis of all the factors, market size, growth rate, and import and export in regions.
India Hotels Market Segmentation
By theme, heritage hotel theme segment is expected to hold highest market share over forecast period. These hotels have historical infrastructure. These hotels put their best efforts to give the glimpse of their region through regional art and traditional cuisine.
by Theme
• Heritage hotel
• Ecotels
• Boutique hotels
• Spas
By level of service, mid-scale hotel is expected to hold 40.21% market share over forecast period.
Mid-scale hotels offers limited number of on-site amenities and often only offer suits rooms accommodations with little services, these facilities normally only cater and attract to a specific demographic of travelers. Midscale hotels followed by Economy and Luxury hotels. Economy hotels offers limited services often lack an on-site restaurant but in return may offer a limited complimentary food and beverage amenity such as on-site continental breakfast service. These hotels offers small living rooms and with appropriate furniture and small bedroom with a king sized bed.
by Level of Service
• Economy hotels
• Mid-Scale hotels
• Luxury hotels
India Hotel Market Competitive Landscape:
The Indian hotel market is highly fragmented, with a large number of small and unorganized players dominating the market. Mid- scale and Economy segment hotels are dominating the market. International chains such as Hyatt Hotels Corporation, InterContinental Hotel Groups, Marriott International, and Radisson Blue Hotels are expanding rapidly in Indian market. Indian groups such as Taj, OYO, Oberoi, ITC and The Leela have been focusing on owning and operating their hotels.
by Size of Property
• Small hotel
• Medium sized hotel
• Large hotel
• Mega hotel
• Chain hotels
India Hotels Market Key Players
• OYO
• Lemon Tree Hotel
• Treebo
• Hyatt Hotels Corporation
• InterContinental Hotel Groups
• Marriott International
• Radisson Blue Hotels
• Shangri La Hotels & Resorts
• Taj Hotels Resorts & Places
• The Lalit Hotels
• The Leela Palace
• The Oberoi Group
• The Park Hotels
• Bharat Hotels Limited
• Hotel Leelaventure Limited
• ITC Hotels Limited
• The Indian Hotels Company Limited
• Sarovar Hotels Private Limited
• Marriott Hotels India Private Limited
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Key questions answered in theIndia Hotels Market are:
- What is India Hotels?
- What was the India Hotels market size in 2022?
- What is the growth rate of the India Hotels Market?
- Which are the factors expected to drive the India Hotels market growth?
- What are the different segments of the India Hotels Market?
- What are the factors restraining the growth of the India Hotels Market?
- What is the demand pattern of the India HotelsMarket?
- What major challenges could the India Hotels Market face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- 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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