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Hotel and Hospitality Projects

Hotels today are much more than just a place to sleep and rest. Many travellers view them as an   integral part of a gateway experience. With the recent boom in boutique hotels, spiffed-up budget properties, and novelty accommodations, travellers can choose a hotel that is as much a selling point as the destination itself.

The hotel industry in India is a mature industry marked by intense competition, where an increase in market share typically comes at a competitor’s price. The Indian hotel industry is on a roll. At present this industry has a supply of 1, 25,000 rooms in India. The data available with the World Travel and Tourism Council, India, indicates that India ranks 18th in business travel, and should rank among the top 5 within this decade. It is estimated that demand is going to exceed supply by at least 100 per cent over the next two years.  With such demand-supply disparity, room rates in Indian hotels are likely to rise by 25 per cent annually, with occupancy rates rising to 80 per cent, over the next two years. With the commonwealth Games 2010 around the corner in the country, there is a huge demand for rooms in the national capital. India ranks first with regards to tourism fair attendance. Despite short and medium terms set backs, tourism revenues are expected to rise by 42 per cent between 2007 and 2017. The medical tourism in India also does not lag behind. The country today ranks second in medical tourism because of   its highly advanced treatment technologies wooing a large number of patients from various countries.

India’s share in international tourism and the hospitality market is expected to increase over the long term. New budget and star hotels are being set up in the country. Many foreign hospitality players are heading towards Indian markets. The Indian hospitality sector is expected to touch a gross business of US$275 billion in the next 10 years. The domestic hospitality sector is expected to see investments of US$11 billion in the next 2 years, with 40 international hotel brands establishing their presence in the country in the next few years.

The hotel industry in India is going through an interesting phase. One of the major reasons for the increase in demand for hotel rooms in the country is the high growth in sectors like information technology, telecom, retail and real estate. The growth of the tourism industry has also added fillip to the hotel industry. In recent years the government has taken several steps to boost travel and tourism, which have benefitted the hotel industry the most.

 

 

 

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Hotel with Discotheque

The Indian hotel industry has emerged as one of the key industries driving the growth of the services sector and, thereby, the Indian economy. The hotel industry in India is going through an interesting phase. One of the major reasons for the increase in demand for hotel rooms in the country is the boom in the overall economy and high growth in sectors like information technology, telecom, retail and real estate. Rising stock market and new business opportunities are also attracting hordes of foreign investors and international corporate travelers to look for business opportunities in the country. The hotel industry in India is going through an interesting phase. The industry has a capacity of 110,000 rooms. 4.4 million Tourists visited India last year and at the current rate, the demand will soar to 10 million to accommodate 350 million domestic travelers. The hotels of India have a shortage of 150,000 rooms fuelling hotel room rates across India. With tremendous pull of opportunity, India has become a destination for hotel chains looking for growth. Discotheque is a nightclub for dancing to live or recorded music and often featuring sophisticated sound systems, elaborate lighting, and other effects. Nightlife is a very fast paced industry. Being one of the largest revenue and employment generators in the service sector. The Bars and Nightclubs industry in the United States has experienced steady growth over the five years to 2018, despite experiencing slight revenue volatility during the early half of the five-year period. This was a result of shaky consumer confidence causing more people to drink at home rather than at bars or nightclubs. However, the industry is still expected to grow during the period as industry revenue growth picked up in the latter half of the period.
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Return: 1.00%Break even: N/A
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Business Opportunities in Tourism and Hospitality Sector

Business Opportunities in Tourism and Hospitality Sector. Setting Up a 5 Star Hotel. Rising Opportunities in India's Hospitality Industry Hotels industry is one of the major sectors fueling the growth of hospitality sector at the global level. Booming travel and tourism industry is one of the major factors fueling the demand in the hotels industry The various types of hotels in the world are typically classified as 5 star, 4 star, 3 star, 2 star, and 1 Star, among others. India’s tourism sector is growing, bringing with it an increased demand for hotels that cater to holidaymakers. And hotel groups are seizing the opportunity, expanding across some of the country’s biggest cities. The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among the services sector in India. Tourism in India has significant potential considering the rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty spread across the country. Tourism is also a potentially large employment generator besides being a significant source of foreign exchange for the country. Market Size India is the most digitally-advanced traveller nation in terms of digital tools being used for planning, booking and experiencing a journey, India’s rising middle class and increasing disposable incomes has continued to support the growth of domestic and outbound tourism. The travel & tourism sector in India accounted for 8 per cent of the total employment opportunities generated in the country in 2017, providing employment to around 41.6 million people during the same year. The number is expected to rise by 2 per cent annum to 52.3 million jobs by 2028. The Indian hospitality industry has emerged as one of the key industries driving the growth of the services sector and, thereby, the Indian economy. The tourism & hospitality sector’s direct contribution to GDP in 2016 was US$ 47 billion. Also, tourism in India accounts for 7.5% of the GDP & is the 3rd largest foreign exchange earner for the country. 3 Star hotels held the largest market share in the hotels market globally and is expected to remain the market leader throughout the forecast period. However, the unrated segment is expected to be the fastest growing market. Increasing demand in the budget hotels segment is one of the major factors fueling the demand in the unrated segment. Apart from this, 5 Star segment is also having huge growth potential in the hotels market. Increasing number of business travelers and demand for luxurious lifestyle are the major factors boosting the demand in this segment. North America is the largest as well as the fastest growing market for hotels globally. The U.S. held the largest market share in North America hotels market. The U.S. has largest number of budget hotels globally. Moreover, booming travel and tourism industry is also expected to have positive impact on the hotels market. In addition, the major players offering segmented offerings is also driving the hotels market in the U.S. India, China, Singapore and South Korea among others are some of the major markets for hotels in Asia Pacific. Singapore with increasing number of business travelers is the fastest growing market in the Asia Pacific region. The 4 Star segment held the largest market share in Singapore hotels market. In addition, Brazil, Saudi Arabia and UAE are some of the major markets fueling the demand for hotels in rest of the world. Hotel business in India is a lucrative business option, as in India tourists inflows are increasing day by day due to the prime attractions here and diverse culture. Hence, hotel business can be one of the profitable businesses to start. Hospitality Industry Hospitality is the world’s largest service industry, employing millions of people working in hotels, restaurants, cruise lines, resorts, private clubs, casinos, and bed-and-breakfasts throughout the world. The hospitality industry covers a wide range of organizations offering food service and accommodation. The industry is divided into sectors according to the skill-sets required for the work involved. Sectors include accommodation, food and beverage, meeting and events, gaming, entertainment and recreation, tourism services, and visitor information. There is a huge tourism potential in the country and as a result hospitality industry will continue to grow at a substantially higher rate. India is projected to be the fastest-growing nation in the wellness tourism sector in the next five years and infrastructure development is an inevitable factor in order to support this growth. The Indian hospitality industry has experienced prominent growth in recent years due to various factors, including the rising purchasing power of domestic travellers, an increase in commercial development and foreign tourist arrivals, a growing airline industry and government-led initiatives aiming to stimulate the sector. There is a great deal of scope to expand tourism across India, and as the country improves air travel connections and relaxes visa restrictions, tourist arrivals should increase. The growth in the hospitality sector and its contributions to the GDP will continue to be substantially higher than other sectors of the economy on the back of huge tourism potential in the country. Hospitality industry in India has generated tremendous employment opportunities and is a big source of foreign exchange for India. As per the planning commission the hospitality sector is responsible for more jobs per million rupee of investment than any other sector. This sector provided varieties of jobs which satisfies unskilled people to specialized one. The Future of Hospitality The Indian economy is opening up its horizons as it continues to integrate with the world economy. Therefore, the advantages of conducting business with and in India are many. This has led to the manoeuvring of variety of jobs to the shores of India, bringing in its wake transit travellers, business travellers, business meets and holiday seekers. India is the ninth largest civil aviation market in the world in 2014. The sector is projected to be the third largest aviation market globally by 2020. India’s aviation market caters to 117 million domestic and 43 million international passengers in 2014. Over the next decade the market could reach 337 million domestic and 84 million international passengers. Tags How to Start Your Own Hotel, Hospitality Sector Projects, How to Start a Hotel, How do I Start a Hotel Business? How to Start Hotel Business in India, 5 Star Hotel, Good Opportunities in India for Entrepreneurs, Want to Start Hospitality Industry in India? 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Return: 1.00%Break even: N/A
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3 Star Hotel with 2 Banquet Hall & Restaurant

A hotel is an establishment that provides lodging paid on a short-term basis. Facilities provided may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a fridge and other kitchen facilities, upholstered chairs, a flat screen television and en-suite bathrooms. Full service hotels often contain upscale full-service facilities with a large number of full service accommodations, an on-site full service restaurant, and a variety of on-site amenities. Boutique hotels are smaller independent, non-branded hotels that often contain upscale facilities. Hotels are found in almost all the cities. Hotels operate twenty-four hours a day, seven days a week. The principal factor that determines the guest attitude towards a hotel is service although other amenities such as room, food and beverages are of equal importance tangible determinants. Over the last decade business opportunities in India had intensified and elevated room rates occupancy levels in India. Even budget hotels are charging USD 250 per day. 'Hotel Industry in India' success story is only second to China in Asia Pacific. The World Travel and Tourism Council, says that India ranks 18th in business travel and will be among the top 5 very soon. India's big success stories includes the new model for development and growth; a model that is uniquely made. One of the major reasons for the increase in demand for hotel rooms in the country is due to the boom of information technology, telecom, retail and real estate. India's increasing stock market and new business opportunities are always been attractive foreign investors and corporate travelers to look for business opportunities in the country. Few Indian major players are as under: • Accent Hotels Pvt. Ltd. • Barque Hotels Pvt. Ltd. • Bliss Hotels Ltd. • Chartered Hotels Pvt. Ltd. • Daspalla Hotels Pvt. Ltd. • Ecomotel Hotel Ltd.
Plant capacity: Air conditioned Deluxe Rooms:32 Units per day Conference Hall, Meeting Rooms & Business Lounge:0.5 Units per day Banquet Hall (900 Peoples):0.4 Units per day Banquet Hall (650 Peoples):0.4 Units per day Restaurant (Dishes):150 Units per dayPlant & machinery: 150 Lakh
Working capital: -T.C.I: Cost of Project: 1014 Lakh
Return: 25.00%Break even: 30.00%
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Holiday Resort (Three Star Grade)

A holiday resort is a self-contained commercial establishment that endeavors to provide most of a vacationer's wants, such as food, drink, lodging, sports, entertainment, and shopping, on the premises. Holiday resorts business is very flourishing business these days not in India only but it has brilliant prospects in other countries also. The term resort may be used for a hotel property that provides an array of amenities, typically including entertainment and recreational activities. A resort is not always a commercial establishment operated by a single company, although in the late twentieth century this sort of facility became more common. The need for advancement of holiday resorts has been felt very recently due to advancement in the technology and industry due to which a lot of young million are have come into existence. This class of people and many people from higher and medium class like to take advantage of this type of holiday resort on many occasions. Today there are over 300 approved holiday resorts and hotels comprising nearly 19,000 guest rooms. But the increase in rooms and other supplementary forms of accommodation such as motels, youth hostels camp sanctuaries huts in resorts and has not kept pace with the demands. The Government has already drawn, a 10 year perspective plan to attract 3.5 million tourists by the end of next decades as against 0.8 million ratio between tourists arrival and number the capacity of holiday resort accommodation of international standard is already paying have without tourism potential. This means that the addition to existing total may be around 8,000 rooms per year. It is boom time for India's Tourism and Hospitality sector. Driven by a surge in business traveler arrivals and a soaring interest in India as a tourist destination, for the previous years has been the best year till date, with foreign visitor arrivals reaching a record 3.92 million, resulting in international tourism receipts of US$ 5.7 billion. Tourism, today, contributes almost 20% to Rajasthan’s economy and over 15% of foreign tourist arrivals in India head to Rajasthan annually. The state offers a unique basket of experiences to inbound and domestic travellers, with its strong legacy of historical forts, palaces, art and culture, and its warm hospitality. Every third foreign tourist visiting India travels to Rajasthan as it is part of the Golden Triangle. The state has five major markets Jaipur, Udaipur, Jodhpur, Pushkar and Jaisalmer, along with micro-markets such as Bikaner, Nagaur, etc. Within India, the state ranks No. 9 in terms of Domestic Tourist Arrivals (DTAs) and No. 3 for International Tourist Arrivals (ITAs). Tourism accounts for eight per cent of the domestic product and the sector has grown by an average rate of 5-6% for the last three years. The potential is huge. One major reason for high footfall is Rajasthan’s ability to attract all segments of the tourism pyramid. The state government actively participates in myriad exhibitions and fairs in India and abroad. Indian Hotel Industry's room rates are most likely to rise 25% annually and occupancy to rise by 80%, over the next two years. 'Hotel Industry in India is gaining its competitiveness as a cost effective destination. The 'Hotel Industry' is likely to add about 60,000 quality rooms, currently in different stages of planning and development. The hotel industry in India is expected to reach a value of INR 1,210.87 Bn by the end of 2023, expanding at a compound annual growth rate (CAGR) of ~13% during the 2018-2023 period, owing to the high arrival rate of foreign tourists and business delegates. Few Indian major players are as under Advani Hotels & Resorts (India) Ltd. Alchemist Hospitality Group Ltd. Bekal Resorts Devp. Corpn. Ltd. Cambay Hotels & Holidays Ltd. Clover Residency Pvt. Ltd. Manipal Integrated Services Pvt. Ltd. Leela Palaces & Resorts Ltd. Jungle Lodges & Resorts Ltd.
Plant capacity: 35 Rooms, Swimming Pool, Restaurant, Lounge, Banquet Hall, Gym, SPA and GardenPlant & machinery: Rs 175 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1102 lakhs
Return: 18.00%Break even: 54.00%
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Business Ideas for Holiday Resort (Three Star Grade).

Business Ideas for Holiday Resort (Three Star Grade). Investment Opportunities for Entrepreneurs in the hospitality industry A three-star hotel isn't too cheap or too fancy; it's just right. The owners want guests to feel relaxed and comfortable in their rooms without needing to spend too much money. There are typically restaurants and bars on-site, as well as assistance bringing your baggage to your room. The rooms are generally larger, more comfortable and with more furniture. Three-star hotels ordinarily have some unique amenities and provide quality service. Related Projects- Project Reports & Profiles General Facilities for 3 Star Hotel: Full-time operation 7 days a week in season. Establishment to have all necessary trading licenses. Establishment to have public liability insurance. 24 hr. lifts for buildings higher than ground plus two floors. Bedrooms, Bathroom, Public areas and kitchen fully serviced daily. All floor surfaces clean and in good shape. Floors can be of any surface or materials. Power backup or Diesel Generator - DG sets. Market Outlook Indian Market The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among the services sector in India. Tourism in India has significant potential considering the rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty spread across the country. Tourism is also a potentially large employment generator besides being a significant source of foreign exchange for the country. As of 2019, 4.2 crore jobs were created in the tourism sector in India, which was 8.1 per cent of the total employment in the country. The number is expected to rise by two per cent annum to 52.3 million jobs by 2028. Books -BOOKS & DATABASES India is one of the fastest emerging tourist destinations in the world. With beautiful varying landscapes from beaches to snow-clad mountains with diverse culture, traditions and cuisines, the country has plenty to offer for international and domestic tourists alike. Moreover, awareness and marketing initiatives such as the Incredible India campaign along with the newly introduced e-visa options, help make travelling to India more accessible for international tourists. India is the most digitally-advanced traveler nation in terms of digital tools being used for planning, booking and experiencing a journey, India’s rising middle class and increasing disposable incomes has continued to support the growth of domestic and outbound tourism. Related Videos:- Travel, Tourism, Hotel, Projects Indian Hotel Industry's room rates are most likely to rise 25% annually and occupancy to rise by 80%, over the next two years. 'Hotel Industry in India is gaining its competitiveness as a cost effective destination. The 'Hotel Industry' is likely to add about 60,000 quality rooms, currently in different stages of planning and development. Government Initiatives The Indian Government has realized the country’s potential in the tourism industry and has taken several steps to make India a global tourism hub. Some of the major initiatives planned by the Government of India to boost the tourism and hospitality sector of India are as follows: Ministry of Tourism launched DekhoApnaDesh webinar series to provide information on many destinations and sheer depth and expanse on the culture and heritage of India. Ministry of Tourism launched Audio Guide facility App called Audio Odigos for 12 sites in India (including iconic sites). Prime Minister, Mr Narendra Modi urged people to visit 15 domestic tourist destinations in India by 2022. Statue of Sardar Vallabhbhai Patel, also known as ‘Statue of Unity’, was inaugurated in October 2018. It is the highest standing statue in the world at a height of 182 metre. It is expected to boost the tourism sector in the country and put it on the world tourism map. Government of India is working to achieve one per cent share in world's international tourist arrivals by 2020 and 2 per cent share by 2025. Under Budget 2020-21, the Government of India has allotted Rs 1,200 crore (US$ 171.70 million) for development of tourist circuits under Swadesh Darshan for eight Northeast states. Related Projects: - Hotel and Hospitality Projects Under Budget 2020-21, the Government of India has allotted Rs 207.55 crore (US$ 29.70 million) for development of tourist circuits under PRASHAD scheme. In 2019, Government reduced GST on hotel rooms with tariffs of Rs 1,001 (US$ 14.32) to Rs 7,500 (US$ 107.31) per night to 12 per cent and those above Rs 7,501 (US$ 107.32) to 18 per cent to increase India’s competitiveness as a tourism destination. In September 2019, Japan joined a band of Asian countries, including Taiwan and Korea among others, to enter India’s tourism market. Achievements Following are the achievements of the Government during 2019-20: During 2019-20, an additional fund Rs 1,854.67 crore (US$ 269.22 million) was sanctioned for new projects under the Swadesh Darshan scheme. Ministry of Tourism sanctioned 18 projects covering all the North Eastern States for Rs 1,456 crore (US$ 211.35 million) to develop and promote of tourism in the region under Swadesh Darshan and PRASHAD schemes. Statue of Sardar Vallabhbhai Patel, also known as ‘State of Unity’, was inaugurated in October 2018 and the total revenue generated till November 2019 stood at Rs 82.51 crore (US$ 11.81 million). Market Research Report- Market Research Report Kay Players Advani Hotels & Resorts (India) Ltd. Alchemist Hospitality Group Ltd. Bekal Resorts Devp. Corpn. Ltd. Cambay Hotels & Holidays Ltd. Clover Residency Pvt. Ltd. Manipal Integrated Services Pvt. Ltd. Leela Palaces & Resorts Ltd. Jungle Lodges & Resorts Ltd. Tags:- #HolidayResort #3StarHotel #hospitality #businesshotel #ThreeStarHotel #servicesector #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #ProjectReport
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Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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