With greater access to technology and connectivity than ever before, a booming middle class and several other tailwinds are expected to bolster the already rapid growth of online tourism in India. This Aranca report dwells deeper into the reasons that makes Indian online travel industry so interesting.
Travel and Tourism continues to be the fastest growing sectors in India. As per the World Travel and Tourism Council (WTTC) India ranks 8th globally in terms of contribution of travel & tourism to GDP. In 2018, the sector generated US$247.3 Bn, accounting for 9.2% of India’s GDP and posted a YoY growth of 6.7%.
Investment Advisory Firm in India provide structured debt & equity financing solutions with comprehensive financial advisory services. Professional advice, sharp deal structuring, and swift execution capabilities make them the preferred partner for clients investment banking needs.
Travel and Tourism continues to be the fastest growing sectors in India. As per the World Travel and Tourism Council (WTTC) India ranks 8th globally in terms of contribution of travel & tourism to GDP. In 2018, the sector generated US$247.3 Bn, accounting for 9.2% of India’s GDP and posted a YoY growth of 6.7%.
Investment Advisory Firm in India provide structured debt & equity financing solutions with comprehensive financial advisory services. Professional advice, sharp deal structuring, and swift execution capabilities make them the preferred partner for clients investment banking needs.
Aviation as an industry is structurally extremely unattractive. It is very difficult to make profit in this industry. The industry is, weighed down by regulations, and influenced by several uncontrollable factors. The combined effect of these factors is historically the industry has never earned a rate of return above its investors’ capital; in fact, it has destroyed more money than it has created. The main objective of the paper is to highlight the major characteristics of the industry. Factors such as cost of oil or security have direct impact on operational effectiveness and risk management of an airline company. Factors such as natural disasters or health emergencies and socio-political culture of a country too affect the financial health of the industry. The paper deals with the Indian Civil Aviation Industry. This paper is a theoretical review. by providing some suggestions.
economics presentation
current scenario
fdi
new trends
gdp
economics presentation
current scenario
fdi
new trends
gdp
economics presentation
current scenario
fdi
new trends
gdp
economics presentation
current scenario
fdi
new trends
gdp
economics presentation
current scenario
fdi
new trends
gdp
veconomics presentation
current scenario
fdi
new trends
gdp
April 24th , 2015 – Navi Mumbai, India: Market Reports on India presents the report on "e-Commerce in India - Click to Boom" The region is projected to contribute the major share of global e-commerce revenue by 2017.
This report provides an overview of India hospitality industry- its characteristics, performance of industry, various classification of travelers, Porters Five Force Analysis, etc.
HOW ATHLEISURE WILL SHAPE THE FUTURE OF APPAREL?Sunil Patel
Get insights straight from Fibre2Fashion’s Market Intelligence Team covering the important aspects like:
• State of the Global Athleisure Market
• Financial performance of prominent brands
• Top suppliers and target audience
• Popular fabric choices for Athleisure
• Major export-import trends
• Tariff barriers & more
Aviation as an industry is structurally extremely unattractive. It is very difficult to make profit in this industry. The industry is, weighed down by regulations, and influenced by several uncontrollable factors. The combined effect of these factors is historically the industry has never earned a rate of return above its investors’ capital; in fact, it has destroyed more money than it has created. The main objective of the paper is to highlight the major characteristics of the industry. Factors such as cost of oil or security have direct impact on operational effectiveness and risk management of an airline company. Factors such as natural disasters or health emergencies and socio-political culture of a country too affect the financial health of the industry. The paper deals with the Indian Civil Aviation Industry. This paper is a theoretical review. by providing some suggestions.
economics presentation
current scenario
fdi
new trends
gdp
economics presentation
current scenario
fdi
new trends
gdp
economics presentation
current scenario
fdi
new trends
gdp
economics presentation
current scenario
fdi
new trends
gdp
economics presentation
current scenario
fdi
new trends
gdp
veconomics presentation
current scenario
fdi
new trends
gdp
April 24th , 2015 – Navi Mumbai, India: Market Reports on India presents the report on "e-Commerce in India - Click to Boom" The region is projected to contribute the major share of global e-commerce revenue by 2017.
This report provides an overview of India hospitality industry- its characteristics, performance of industry, various classification of travelers, Porters Five Force Analysis, etc.
HOW ATHLEISURE WILL SHAPE THE FUTURE OF APPAREL?Sunil Patel
Get insights straight from Fibre2Fashion’s Market Intelligence Team covering the important aspects like:
• State of the Global Athleisure Market
• Financial performance of prominent brands
• Top suppliers and target audience
• Popular fabric choices for Athleisure
• Major export-import trends
• Tariff barriers & more
Spend on hotels in international market observed higher drop compared to domestic market due to COVID led travel restrictions. We expect the recovery for international markets to take longer compared to domestic markets given the uncertainty around the travel requirements (due to COVID).
Spend on hotels in international market observed higher drop compared to domestic market due to COVID led travel restrictions. We expect the recovery for international markets to take longer compared to domestic markets given the uncertainty around the travel requirements (due to COVID).
The project is on digital marketing for hospitality industry with main reference to hotels. The project also looks into keeping track of generation Y and Z, also understanding their importance.
Business Opportunities in Tourism and Hospitality SectorAjjay Kumar Gupta
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.
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Niir Project Consultancy Services
An ISO 9001:2015 Company
106-E, Kamla Nagar, Opp. Spark Mall,
New Delhi-110007, India.
Email: npcs.ei@gmail.com , info@entrepreneurindia.co
Tel: +91-11-23843955, 23845654, 23845886, 8800733955
Mobile: +91-9811043595
Website: www.entrepreneurindia.co , www.niir.org
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Retail Marketing in Rural India – Factors in Favour and StrategiesDr. Amarjeet Singh
Retail industry now accounting for 10% of the
country’s GDP undergoes dynamic changes boosting its
growth still further. The sector grows impressively leading
to production of wide range of products and services.
Rural markets provide great scope for marketers due to
increased revenue and purchase power of the rural
population in India. The rural income is expected to
increase faster due to government policies supporting
agriculture and the earning population that has
temporarily moved out of rural villages to cities for
employment in non-agricultural sectors. Technology in
agriculture has helped to produce quality crops and the
market is ready to give high prices for such products.
Around 60% of the students in the colleges are first
generation graduates who have moved out of their villages
for tertiary education. Thus the life style, likes and
preferences of the rural population keeps changing.
However the huge rural segment is much different from
that of the urban segment and the marketers need to
approach with sustained efforts and special models. The
highly fragmented rural segment’s needs are majorly filled
by unorganized family run Kirana stores and Maligai
shops. The share of organised retail in the country has
risen by 60% and the same is expected to have impact on
the rural market as well. The paper focuses on the growth
of retail market in India, the emerging factors in favour of
rural retail and suggests strategies for rural retailing.
“We came to India for the costs, we stayed for the quality, and we are now investing for the innovation.”
Sr. V.P. Dan Scheinman of Cisco Systems
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Presented by JAIBIHAR.com
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'The Other Home' is an, India-focused, specialized Vacation Rental, Homestays and Outdoor Vacations enabler. We bring together property owners and vacationers to create the dream holiday experience.
List of Profitable Business Ideas in Services Sector,....Ajjay Kumar Gupta
List of Profitable Business Ideas in Services Sector, Hospitality Sector, Education Sector, Healthcare Industry, Leisure and Entertainment Industry.
The services sector is not only the dominant sector in India’s GDP, but has also attracted significant foreign investment flows, contributed significantly to exports as well as provided large-scale employment. India’s services sector covers a wide variety of activities such as trade, hotel and restaurants, transport, storage and communication, financing, insurance, real estate, business services, community, social and personal services, and services associated with construction.
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Contact us:
Niir Project Consultancy Services
An ISO 9001:2015 Company
106-E, Kamla Nagar, Opp. Spark Mall,
New Delhi-110007, India.
Email: npcs.ei@gmail.com , info@entrepreneurindia.co
Tel: +91-11-23843955, 23845654, 23845886, 8800733955
Mobile: +91-9811043595
Website: www.entrepreneurindia.co , www.niir.org
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The India State Ranking Survey by Hotelivate in association with the World Travel and Tourism Council – India Initiative (WTTC – II), is a biennial publication that assesses the relative competitiveness of the nation’s 30 states in terms of Travel & Tourism potential across 12 identified parameters. This is the sixth edition of the publication since its inception in 2009.
The French Animal Healthcare Market is on the upswing boosted by growing disposable income, a rising number of pets, growing animal healthcare awareness, etc.Get detailed Business Analysis Infographic from Aranca.
Owing to IoT and increased customer preference for wearable gadgets, the Global Wearable Devices Market is expected to grow at a 21% CAGR during 2015-18. Get detailed market infographics on wearable devices market here.
The global market potential for Commercial Drones could be worth 2.1 billion USD by 2022. Know details on the future of Commercial Drone from Aranca's Market Research Experts.
The GCC Facilities Management Market - ArancaAranca
The rising demand of multi-billion construction projects is expected to fuel the growth of FM Market in the GCC region. Read on to know details from Aranca's Business Research Experts.
Brazil’s continuous and sustainable agricultural growth represents tremendous growth opportunity for the Brazilian Pesticide Market . Read on to know more from Aranca's Market Research Experts.
With the increased adoption of Cryogenic Equipment, a growth of 8% CAGR in the Global Cryogenic Equipment Market is anticipated. Read on to know details from Aranca's Business Research Experts.
With increase in urban population & investment in infrastructure sector, China's elevator & escalator market is expected to grow at a CAGR of 14%. Read on to know detailed forecast from Aranca's Business Research Experts.
Growing regulations regarding emissions, fuel efficiency and longing for light weight vehicle has increased the demand of Aluminum Automotive Sheets globally. Read on to know details from Aranca's Business Research Experts.
Indian Agrochemical Industry is expected to grow by a rate of 12 to 14% CAGR owing to the increased demand of food grains & supportive Government initiatives. Read on to know more from Aranca's Business Research Experts.
Weak currency, strong anti-corruption reforms, and stiff luxury taxes are forcing global luxury brands to rethink their expansion plans in one of the world's fastest growing consumer economies. Read more from Aranca's Investment Research Experts here.
Saudi Aramco IPO - A Reality of Mythical ProportionsAranca
Aranca's special report on Saudi Aramco IPO highlights its impact on industry, global investment banks and discusses the political and economic ramifications a large IPO may have. Download the report here!
Fatca high cost initiative to curb tax evasionAranca
Enacted by the United States Congress in March of 2010, the Foreign Account Tax Compliance Act (FATCA) is a federal law meant to deter tax evasion. Read details from Aranca's Business Research Experts here.
Winning shelf space private labels or fmcg brandsAranca
Consumer preference for Fast Moving Consumer Goods based on quality and affordability, in the high inflationary markets led to the emergence of private labels across geographies such as Europe, China, India, and the Americas.
Virtual currency has been a debated concept within the technology community in the past few years, as transactions through this medium do not require any third party’s involvement. Know more details from Aranca's Business Research Experts here.
Here we discuss the sectoral winners and losers for Patient Protection and Affordable Healthcare Act I (Obamacare) along with the key factors driving these trends due to Obamacare. Check out the Special Report on Obamacare from Aranca's Business Research Experts!
Therapeutic Vaccines for Alzheimer’s — Are We Close Enough?Aranca
Could a vaccine for Alzheimer's be a reality any sooner? Find more on Alzheimer Therapy Market Challenges from Aranca's Technology Intelligence & IP Research Experts.
Indian Telecom Tower Industry - Aranca ResearchAranca
India's telecom tower industry is expected to grow significantly owing to the Government's plans of providing high speed internet throughout the country. Read on to know more Aranca's Business Research experts.
Virtual Reality (VR) Industry has been through Ups & downs for around 3 decades but due to adaption of connected devices, it is expected to grow. Read on to know more details here.
Insurance Industry is Going to Soar in the GCCAranca
A positive economic outlook and several regulatory reforms are likely to drive the insurance industry in the GCC region. Know more from Aranca's Research Experts here.
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
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Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
2. Multiple upcoming catalysts for
growthOnline travel in India continues to dominate the country’s travel market. The industry is expected to grow by
17.8% during 2013–2016E, outperforming the overall travel market by 6.0% points. Online penetration in
travel and tourism bookings is estimated to increase from 41% in 2014 to 46% in 2017.
Several tailwinds are anticipated to bolster this growth —such as an increasing number of budget hotels
in Tier-1 and Tier-2 cities; the entry of new airlines, given the government’s “Open skies Policy”; the
government initiative to build 150 new airports by 2020; and India’s love for travel. We believe these factors
could contribute to a robust, long-term growth outlook for India’s travel market in the future.
While air and rail make up the vast majority of India’s online travel market,
the country’s fragmented hotel landscape holds the greatest promise.
3. IndianOnline
TravelIndustry 2ingplaces.o
India’s Travel And Tourism Market Is Growing Rapidly…
…Which Boosts The Online Travel Market In India
The travel and tourism industry in India, which comprises both domestic (85% of the
market) and international inbound travel (15%), is estimated to grow at a CAGR of 12% to
$27.5 bn in 2016 from $19.7 bn in 2013.
Within the domestic travel and tourism industry, the online travel segment has
significantly grown over the past few years. India’s online travel segment is
expected to grow 17.8% during 2013–2016E, outperforming the overall travel
market by 6.0 percentage points. Online travel (online gross bookings) now
constitutes an estimated 41% of the overall Indian travel market (2014). The high
degree of convenience, increasing e-Commerce penetration, rapidly increasing
Internet and mobile penetration, and a growing middle-class population are some
of the factors boosting online travel bookings. The online travel market in India,
estimated at $9.1 bn (2014), comprised air travel ($5.1 bn), rail travel ($3.1 bn),
hotels ($0.8 bn), and others ($0.1 bn). Online penetration in travel and tourism
bookings is estimated to increase from 41% in 2014 to 46% in 2017, according to
Phocuswright, a leading travel data aggregator.
The Indian travel and tourism industry, set to grow at 12% CAGR over the next three
years, is the second fastest growing market, following China, which is growing at 16%. In
contrast, while the US market is growing at 6%, the worldwide market is clocking just 4%
over the same time frame.
We believe this strong surge in domestic tourism is driven by the following factors:
• Rapidly increasing purchasing power of the middle class
• Prolific use of the Internet and smartphones, coupled with increasing e-Commerce penetration
• Better air and rail connectivity between Tier-1 and Tier-2 cities
• Evolving and improving lifestyles
An ever-increasing number of international travelers visit India as well, spurred on by:
• Relatively economical vacations
• Evolving business and pleasure destinations in India
• Reforms in the aviation sector boosting international air connectivity
• Larger sections of the economy opening up to private and foreign investment
• Government initiatives in states such as Kerala, Rajasthan and Gujarat to promote tourism
• The success of international campaigns such as “Incredible India”, “Clean India”, and many more
Air travel (domestic and international) is the biggest
contributor to the industry at 39%, followed by rail travel
(28%) and hotels (30%).
India’s Travel Industry (size in $bn) Online Travel Industry break-up, 2014E
Source: Phocuswright, India Online Travel Overview Seventh Edition, August 2014
4. IndianOnline
TravelIndustry 3ingplaces.o
India Internet population to reach half billion by
2018 (in bn)
Number of Smartphone users in India (in mn) Future estimate of mobile Internet users
Internet penetration still one of the lowest worldwide;
indicates strong growth opportunities
Source: Internet World Stats, BCG analysis
Will An Increase In Internet
Penetration Among India’s Large User
Base Be A Catalyst For Growth?
India is home to the third largest Internet user-base
worldwide. However, its Internet penetration rate at 17% is
much lower than the average of 34% across several aspiring
countries. According to a report by Boston Consulting Group
BCG, the number of Internet users in India is estimated to
reach 580 mn in 2018 from 205 mn in 2014, primarily led
by affordable access and improved awareness. This indicates
significant potential for growth over the next few years.
Mobile Internet usage has been growing rapidly over the
past few years and continues to present huge opportunities.
Driven by the availability of cheap smartphones and
affordable Internet data plans, the number of mobile Internet
users in India is expected to reach 213 mn by June 2015.
With 41% of travel gross bookings taking place online, the
increasing Internet and mobile Internet penetration rates
could play a vital role in the Indian online travel market
growth story.
India has over 850 mn mobile
subscriptions, more than 4x
the number of Internet users.
5. IndianOnline
TravelIndustry 4ingplaces.o
Time For Some Time Off
For India’s Burgeoning Middle Class
India’s middle-class population of nearly 50 mn, or 5% of
the overall population (2015 estimated), is expected to grow
steadily over the next decade to 200 mn by 2020 and 475 mn
by 2030. With better means comes a growing awareness and
demand for better work-life balance in the private sector.
The increasing disposable income of a growing middle-
class has led to more families and individuals planning both
domestic and international vacations, atleast once a year.
We believe that as the middle-class population grows, the
volume of domestic tourists will also increase, thus aiding
the online travel and tourism industry in the country.
Rapid growth expected
in India’s middle class (in mn)
GDP per capita based
on purchasing power parity (in US$)
Source: EY Report, World Bank
6. IndianOnline
TravelIndustry 5ingplaces.o
Growing Credit/Debit Card
Penetration Boosts The Adoption Of
Online Platforms
The number of credit cards in circulation in India has
been stagnant since 2008, while the number of debit cards
continues to rise. Although the use of credit and debit cards
has increased over the past decade, card penetration rates
remains low, with debit cards at 32% (about 400 mn) and
credit cards at 2% (about 20 mn). This clearly indicates that
card use in India has a long way to go.
The Government’s Conscious Efforts To Boost Tourism
The Indian government has implemented several initiatives, at both central and state levels, to stimulate growth in the Indian travel and tourism sector
• Visa on arrival – also called e-Visa facility – has been extended to 150 countries in a phased manner
• The government has made efforts to increase the safety and security of tourists in India
• Recognizing the need to upgrade tourism infrastructure in India, it has proposed an outlay of INR152 bn for the tourism sector
• The government allows 100% foreign investment under the automatic route to upgrade hospitality and tourism related industries
Credit card penetration rate in India Debit card penetration rate in India
Source: Deloitte ReportOnline travel will become more popular
as people become aware of the benefits
and ease of using plastic cash.
7. IndianOnline
TravelIndustry 6ingplaces.o
Improving growth trend in passenger/km carried Passenger load factor
Source: DGCA
Aviation, Flying High On
Sectoral Tailwinds
The Indian civil aviation industry is on a high growth
trajectory. India has a vision of becoming the third largest
aviation market by 2020 and is expected to be the largest by
2030. The Airports Authority of India currently owns and
maintains 125 airports, comprising 94 operational airports in
India. It plans to increase the number of operational airports
to 250 by 2030, in Tier I and Tier II cities. India’s domestic
air travel registered 64 mn passengers in 2014, compared
with 59 mn passengers in 2013 and 57 mn in 2012, according
to the DGCA. Additionally, the passenger load factor in 2014
was at a multi-year high of 76.4%.
The growing passenger numbers and improving
infrastructure indicate the possibility of a healthy air travel
market in the future.
The Indian market is severely
underserved, with less than 3% of
the population using air routes.
• Tata-Singapore Airlines JV launched a full-service carrier in January 2015 and operates 164 flights a week.
• Tata-AirAsia JV launched a LCC in June 2014, focused on South India; it is now expanding its presence to key
cities countrywide.
• IndiGo, India’s no. 1 airline, ordered 250 A-320 neo jets from Airbus in October 2014.
Key Developments In Indian Aviation Industry:
8. IndianOnline
TravelIndustry 7ingplaces.o
Improving Online Penetration And
Better Supply Pipelines Make Room
For Big Opportunities
Hotel supply in India remains upbeat. While the rapid
increase in supply has affected average daily room rates and
occupancy figures, India’s tourism department has referred
to a shortage of around 150,000 rooms in the budget,
economy, and mid-market segments. However, according
to STR Global, there are 50,000 rooms in the pipeline.
Moreover, a number of local and global brands – including
Accor, Berggruen Hotels, Carlson Rezi-dor, The Gateway,
Ginger Hotels, InterContinental Hotels Group, Lemon Tree,
and Starwoods – are adding inventory in the economy and
mid-scale categories in an effort to attract a wider pool of
domestic travelers.
However, the online hotel segment in India is rather under
penetrated, with only 10% of hotels accepting bookings
online, while the overall user-base of people seeking
information on hotels online was very high. As per a
TNS/Google survey, conversions still take place offline.
We believe, as more consumers become familiar with
e-Commerce, the percentage of online hotel bookings in
India should increase.
While hotel data may not be as lofty as air data, the figures
are soaring. Occupancy rates have been improving, touching
59% in May 2015, up 8% YOY. While Average Daily Rates
(ADRs) continue to decline YOY, the magnitude of these
declines has lessened, with several instances of positive
growth recorded in recent months.
Hotels segment
online penetration rate
Hotels – one of the least penetrated segments in travel
categories in India (US$ bn, %)
Source: MakeMyTrip Investor Presentation
Hotel occupancy rate (YOY growth) Hotel ADR (YOY growth)
Source: STR Global
9. IndianOnline
TravelIndustry 8ingplaces.o
Key Online Travel Agencies (OTAs)
Market Dominated By Makemytrip
Slower-than-expected
Internet penetration
Potential for credit
card frauds
Fluctuations in foreign
exchange rates
Security/cyber
threats
Unique visitors in thousandsMarket share
Key Risks To The Sector
Source: MakeMyTrip Investor Presentation, Industry Sources, ComScore