About Hospitality-
Hospitality is an ever-changing sector that involves providing services to aid customer satisfaction and includes the hotel, restaurant, leisure and tourism as well as event planning areas. It focuses on comfort, convenience, and engagement, providing an essential service to travellers at every stage of their journey. The sector has gone digital – online bookings, mobile check-ins, and AI personalization have become the norm. The tourism industry wants to become more sustainable, as environmentally conscious travellers are demanding greener energy-efficient infrastructure as well as food made from local ingredients. The travel industry is growing quickly after the pandemic, and it is now focusing on hybrid models for both leisure and remote-working travellers. Although there are still issues like labor shortages, rising operational costs and geopolitical tensions, hospitality remains resilient and human centered. All sorts of businesses, from 5-star resorts to budget cafes, aim to create a welcoming space where people can relax and connect with others.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Oberoi Hotels and Resorts (India), ITC Hotels (India), The Park Hotel (India), The Leela Palaces, Hotels and Resorts (India), Taj Hotels (India), Lemon Tree Hotels (India), Hyatt Hospitality Company (United States), Marriott International Inc. (United States), Radisson Hotel Group (United States) and OYO Rooms (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of India Hospitality- market by and Region.
On the basis of geography, the market of Hospitality- has been segmented into
. If we see Market by Type, the sub-segment i.e. Chain Hotels will boost the Hospitality- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Price Range, the sub-segment i.e. Service Apartments will boost the Hospitality- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.