India Hotels Market Business Economic Outlook, Share Leaders, Global Size, New Investments, Forecast 2027
The Indian hotel business is seriously concerned about the lack of available rooms and high labour costs, as the sector already has a severe workforce shortage and finding new hires is difficult due to the cheap switching costs for employees.
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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Market Scope:
By defining and assessing market segments and predicting market size, the study aids comprehension of the India Hotels Market dynamic structure. In addition, the report includes a competitive analysis of significant firms based on pricing, financial state, application expansion ambitions, and geographical presence. The research also includes a PESTLE analysis to help shareholders prioritize their efforts and investments in the India Hotels Market.
External and internal factors that are predicted to have a positive or negative impact on enterprises have been researched, presenting decision-makers with a clear picture of the sector's future. By studying market segments and projecting India Hotels Market size, the study also assists in understanding the dynamic structure of the India Hotels Market. The study acts as a resource for investors by depicting the competitive analysis of prominent businesses in the India Hotels Market based on price, financial status, growth strategies, and geographical presence.
India Hotels Market Overview:
For the industry's India Hotels market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to supplement existing data, segment the market, estimate overall market size, and anticipate market size and growth rate.
Primary and secondary research is used to identify market leaders, while primary and secondary research is used to assess market revenue. In-depth interviews with important thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, were conducted as part of the core research. Primary research comprised in-depth interviews with key thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is used to calculate market percentage splits, market shares, growth rates, and breakdowns, which are then compared to primary data.
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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
Regional Analysis:
An study of the India Hotels Market at the national level focuses on categories indicated as potentially high-growth, nations with the biggest market share, and countries with the highest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the India Hotels Market study.
COVID-19 Impact Analysis on India Hotels Market: The report covers COVID-19 impact on India Hotels market.
Key Questions Answered in the India Hotels Market Report are:
- What will be the India Hotels market's CAGR throughout the projected period?
- Which market category emerged as the market leader in the India Hotels market?
- Who are the key players in the India Hotels market?
- How big will the India Hotels market be in 2027?
- Which firm had the biggest market share in the India Hotels market?
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