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Analysis of Hospitality Sector

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Sector analysis of hospitality and tourism sector in India

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Analysis of Hospitality Sector

  1. 1. HOSPITALITY SECTOR Presented By 1) Rohan Singh 2) Shreya Agrawal 3) John K 4) Kiransvi 5) Sourav Agarwal 6) Ankita 7) Anshul 8) Syril Thomas 9) Gopinath 10) Sourabh Duggar
  2. 2. HOSPITALITY SECTOR HOSPITALITY AT A GLANCE
  3. 3. HOSPITALITY SECTOR HOSPITALITY IN INDIA  IMAGE AND OUTREACH  RECRUITMENT AND RETENTION  TRAINING AND SKILL NEEDS  MAJOR PLAYERS IN INDIA
  4. 4. 0 1000000 2000000 3000000 4000000 5000000 6000000 7000000 8000000 9000000 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Series1 Foreign Tourists visiting India HOSPITALITY SECTOR
  5. 5. Types  Adventure tourism Rural tourism  Heritage tourism Wildlife tourism  Eco tourism MICE tourism Impact of tourism  Generating Income and Employment.  Preservation of National Heritage and Environment  Developing Infrastructure  Promoting Peace and Stability  Regional Development Touring India HOSPITALITY SECTOR
  6. 6.  Launched in the year 2002  The campaign projected India as an attractive tourist destination.  In 2008, launch of 'Atithidevo Bhava‘ campaign.  In 2009, the incredible campaign was extended to domestic sector.  PM Narendra Modi the new brand ambassador of Incredible India.  2007, 2008, 2009 and 2010 are the years to be remembered. HOSPITALITY SECTOR
  7. 7. HOSPITALITY SECTOR OPPORTUNITIES  Hospitality industry offers a wide array of exciting job chances .  Long term career opportunities.  New emerging segments of the industry.  Hospitality industry is the third largest foreign exchange learner and accounting for 6.23% of indias GDP and 8.78% of indias total employment.
  8. 8. OPPORTUNITIES
  9. 9. HOSPITALITY SECTOR WHY TO INVEST IN THIS SECTOR? TAX INCENTIVES STATE INCENTIVES INCENTIVES FROM THE MINISTRY OF TOURISM
  10. 10. HOSPITALITY SECTOR PESTLE ANALYSIS POLITICAL ECONOMICAL TECHNOLOGICALSOCIAL ENVIRONMENTALLEGAL
  11. 11.  Competitive Rivalry  Bargaining Power of Customers  Threat of New Entrants  Threat of Substitute Product PORTERS FIVE FORCE ANALYSIS HOSPITALITY SECTOR Fig: Porters Five Force Analysis Source: TechScience Research
  12. 12. PORTERS FIVE FORCE ANALYSIS HOSPITALITY SECTOR Fig: Porters Five Force Analysis Source: TechScience Research
  13. 13. FDI In Hospitality Sector HOSPITALITY SECTOR  FDI has been permitted up to 100% under the automatic route  Total FDI inflow in hospitality sector between 2000 -10 amounted to USD 2.17 bn  For foreign technology agreements, automatic approval is granted if:  Up to 3% of the capital cost of the project is proposed to be paid for technical consultancy services  Up to 3% of the net turnover is payable for franchising and marketing/publicity fees  Up to 10% of gross operating profit is payable for management fees, including incentives fees  As of Dec 2010, government has given nod to single window clearance for hospitality industry  The Ministry of Tourism approves hotels at project stage based on documentation. Project approval is given to a 1, 2, 3, 4, 5 Star Hotels and Heritage Basic Category  The Hotels have to apply for classification under 5 Star Deluxe/ Heritage Classic/ Heritage Grand category if they fulfill the prescribed norms within 3 months of commencing operation  Project approval will be valid for 5 years Foreign direct investment (FDI) Regulatory and FDI policies in Indian hospitality sector Approval of a hotel project  A tax rebate equal to 100% of the profit and gain for the first 5 consecutive years to an hotel in specified areas, if such hotel / convention centre is constructed and has started operations before 31st July, 2010  A tax rebate equal to 100% of the profit and gain for the first 5 consecutive years to an hotel located in the specified district having a World Heritage Site and has started functioning before 31st March, 2013  Finance Bill 2009, which has proposed to abolish Fringe Benefit Tax with effect from 1st April 2009 has become major advantage to the Hospitality industry
  14. 14. MBA, Hospitality Management Degree Salary Ranges by Job HOSPITALITY SECTOR 0 200000 400000 600000 800000 1000000 1-4 yrs 5-9 yrs 10-19 yrs National Salary Data
  15. 15.  RESTAURANT MANAGER  HOTEL GENERAL MANAGER  CORPORATE TRAVEL DESK MANAGER  DISTRICT MANAGER, FOOD & FACILITIES MANAGEMENT SERVICES  RESORT MANAGER  GENERAL MANAGER, FOOD SERVICE  CRUISE SHIP CAPTAIN  SHIP OFFICER  MEETING AND CONVENTION SERVICES MANAGER  DIRECTOR OF EVENTS  DIRECTOR OF CATERING High Salary Careers for MBA in Hospitality Management Graduates HOSPITALITY SECTOR
  16. 16. Vision 2020: What future holds for Hospitality Sector • Faster growth of Indian Markets • Increase in RevPAR • Increase in Average Room Rates • Increasing occupancy • Domestic giants going asset light • Expansion by foreign players • Increase in demand of domestic leisure • Few branded hotel chains HOSPITALITY SECTOR Source: http://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/international-hotels-set-to-step-up-india-expansion- investment/articleshow/56059440.cms http://www.icra.in/AllTypesOfReports.aspx?ReportCategory=Hotels

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