Indian hospitality sector is clocking CAGR of 14 %. According to the World Tourism Organisation, 15.3 million foreign tourist arrivals are expected in India by 2025. This will create a huge demand for the hospitality sector. The foreign investors are tapping this opportunity in a big way. According to DIPP, the amount of FDI inflow in the industry during the last couple of years was more than US$ 6 Billion.
- Tourism accounts for 6.8% of GDP & is the 3rd largest foreign exchange earner.
- India is the most attractive destination for global hospitality industry players.
- Strong Govt. promotion through “Incredible India” & “Athithi Devo Bhava” (Visitors are like God) campaigns.
- Govt. of India has proposed to establish cross cultural linkages and to revive historic maritime cultural and economic ties with 39 Indian Ocean countries.