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Silver Partner
Procurement Partner
State Partner - Tourism
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The Great Indian Hospitality Show 2016
As the Indian Hospitality industry is poised for strong growth in 2017, The Economic Times is proud to present the inaugural edition of The Great Indian Hospitality Show,taking place on the 21st of November in Delhi. This uniquely designed platform, is set to become the most important annual gathering of the leading stakeholders, decision makers and buyers from the Hospitality industry in the Indian sub-continent, who are leaving no stone unturned to bring the indigenous hospitality industry at par with global standards and drive a new round of investments in the sector...... read more
Tourism & Hospitality go Hand in Hand
Tourism in India is the third largest foreign exchange earner of the country after gems, jewelry and readymade garments. The booming tourism industry has had a cascading effect on the hospitality sector with an increase in the occupancy ratios and average room rates. The long term outlook for the Indian hospitality business continues to be positive, both for the business and leisure segments with the potential for economic growth, increases in disposable incomes and the burgeoning middle class.
The Sector in Numbers
  • 1 in 11 people worldwide are employed in Tourism Sector
  • During FY15, the Ministry of Tourism sanctioned INR 8,449 million to States and Union Territories for developing tourism destinations and circuits.
  • The number of foreign tourist arrivals (FTAs) in India grew 4.5% during January-November 2015 tourism destinations and circuits.
  • Medical tourism market in India to reach US$ 3.9 billion this year having grown at a CAGR of 27% over the last three years
  • The number of tourists arriving on e-Tourist Visa registered a growth of 21%
  • India, after China, is considered as one of the most lucrative hotel markets in the world and has the second largest construction pipeline in Asia
  • Foreign Exchange Earnings (FEEs) from tourism during January-November 2015 was US$ 16.94B