This document discusses growth opportunities for hotel chains in Indonesia. It finds that international visitor arrivals to Indonesia grew 5% in the first nine months of 2012. The top destinations are Bali, Jakarta, Batam and Bintan. Accor has the most hotel rooms in Indonesia, followed by domestic chains Aston International and Santika Indonesia Hotels. The outlook is positive as Indonesia is projected to receive 400 million visitors by 2022, requiring 100,000 new hotel rooms. This represents significant opportunities for international and domestic hotel groups.
The document discusses the Indian hotel industry and ITC group of hotels. It provides an overview of the Indian hospitality industry, including growth trends. It then discusses classifications of hotels in India and segments within the industry such as branded players. It also discusses ITC group in detail, outlining its business verticals and hotel brands that focus on sustainable luxury.
The document summarizes a CRISIL report on the hotel industry in India. It discusses the classification, ownership models, demand trends, and performance of the industry. Some key points are:
- The hotel industry in India is the second largest in Asia Pacific and saw increased business opportunities and occupancy levels in recent years.
- Demand for hotel rooms improved in 2014-2015, with the overall market growing by around 10% to Rs. 374 billion. Both premium and mid-market segments saw growth.
- Foreign tourist arrivals increased by 9.2% year-over-year in 2014-2015, boosting demand. Occupancy rates and average room revenues also increased across major destinations.
The document provides an overview of the Indian hospitality industry and the Leela Group of Hotels. It discusses the history and growth of hotels in India. The Leela Group was founded in 1957 and has expanded to include 12 luxury hotels across India. The Leela Palace Kempinski in Bangalore is highlighted, which was built to recreate the grandeur of Mysore palaces and features 357 guest rooms and top-class amenities.
The hospitality industry in India is one of the fastest growing sectors and is expected to grow 8% annually between 2007-2016. India attracts many international hotel chains looking to expand due to growth opportunities. The hotel industry can be classified based on location, size, level of service, length of stay, theme, and target market. Some of the major challenges facing the industry are lack of infrastructure development, shortage of skilled labor, and intense competition from international brands. However, the industry also sees opportunities from rising incomes, business opportunities, and open sky policies. Large Indian hotel companies are also expanding overseas through acquisitions.
The hospitality industry is a broad service industry that includes lodging, event planning, theme parks, and transportation. It is a multi-billion dollar industry dependent on leisure time. A hospitality business like a hotel consists of groups like maintenance, operations, management, and marketing. The hospitality sector in India includes revenues from travel and hotel businesses. It is a growing industry attracting foreign investment. Major players in the Indian hospitality industry include ITC Hotels, The Lalit, Accor, and Marriott.
ITC Limited was incorporated in 1910 as Imperial Tobacco Company of India Limited and has since diversified into various business segments including FMCG, hotels, paperboards, packaging, agri-business, and IT. ITC Hotels was launched in 1975 and pioneered the concept of responsible luxury hospitality in India, with all 10 of its luxury hotels certified as LEED Platinum. ITC Hotels operates several hotel brands across price segments with over 100 hotels in 70 locations, and continues to expand both within India and internationally.
The hospitality industry in India is growing rapidly and expected to contribute significantly to the Indian economy. It currently contributes around 5% to GDP but is projected to grow to around 8-12% of GDP by 2020. This growth is being driven by factors such as rising incomes in India, an increasing number of tourists visiting India, and government initiatives and policies supporting the industry. However, there are also challenges for the industry such as a lack of proper infrastructure and support and increasing international competition from other countries. New trends are also emerging in the industry such as the rise of budget hotels, service apartments, and increased use of technology.
The document discusses the Indian hotel industry and ITC group of hotels. It provides an overview of the Indian hospitality industry, including growth trends. It then discusses classifications of hotels in India and segments within the industry such as branded players. It also discusses ITC group in detail, outlining its business verticals and hotel brands that focus on sustainable luxury.
The document summarizes a CRISIL report on the hotel industry in India. It discusses the classification, ownership models, demand trends, and performance of the industry. Some key points are:
- The hotel industry in India is the second largest in Asia Pacific and saw increased business opportunities and occupancy levels in recent years.
- Demand for hotel rooms improved in 2014-2015, with the overall market growing by around 10% to Rs. 374 billion. Both premium and mid-market segments saw growth.
- Foreign tourist arrivals increased by 9.2% year-over-year in 2014-2015, boosting demand. Occupancy rates and average room revenues also increased across major destinations.
The document provides an overview of the Indian hospitality industry and the Leela Group of Hotels. It discusses the history and growth of hotels in India. The Leela Group was founded in 1957 and has expanded to include 12 luxury hotels across India. The Leela Palace Kempinski in Bangalore is highlighted, which was built to recreate the grandeur of Mysore palaces and features 357 guest rooms and top-class amenities.
The hospitality industry in India is one of the fastest growing sectors and is expected to grow 8% annually between 2007-2016. India attracts many international hotel chains looking to expand due to growth opportunities. The hotel industry can be classified based on location, size, level of service, length of stay, theme, and target market. Some of the major challenges facing the industry are lack of infrastructure development, shortage of skilled labor, and intense competition from international brands. However, the industry also sees opportunities from rising incomes, business opportunities, and open sky policies. Large Indian hotel companies are also expanding overseas through acquisitions.
The hospitality industry is a broad service industry that includes lodging, event planning, theme parks, and transportation. It is a multi-billion dollar industry dependent on leisure time. A hospitality business like a hotel consists of groups like maintenance, operations, management, and marketing. The hospitality sector in India includes revenues from travel and hotel businesses. It is a growing industry attracting foreign investment. Major players in the Indian hospitality industry include ITC Hotels, The Lalit, Accor, and Marriott.
ITC Limited was incorporated in 1910 as Imperial Tobacco Company of India Limited and has since diversified into various business segments including FMCG, hotels, paperboards, packaging, agri-business, and IT. ITC Hotels was launched in 1975 and pioneered the concept of responsible luxury hospitality in India, with all 10 of its luxury hotels certified as LEED Platinum. ITC Hotels operates several hotel brands across price segments with over 100 hotels in 70 locations, and continues to expand both within India and internationally.
The hospitality industry in India is growing rapidly and expected to contribute significantly to the Indian economy. It currently contributes around 5% to GDP but is projected to grow to around 8-12% of GDP by 2020. This growth is being driven by factors such as rising incomes in India, an increasing number of tourists visiting India, and government initiatives and policies supporting the industry. However, there are also challenges for the industry such as a lack of proper infrastructure and support and increasing international competition from other countries. New trends are also emerging in the industry such as the rise of budget hotels, service apartments, and increased use of technology.
The document discusses the types and classifications of hotels in India. It covers the major categories that hotels can be classified under such as location, size, services offered, target markets, and ownership structures. It also outlines the key departments in a hotel's operations as well as challenges and opportunities for the growing hotel industry in India, which includes a lack of infrastructure, intense competition from international brands, and Indian companies now looking to expand overseas.
This document provides an overview of the hotel industries. It begins with defining a hotel as an establishment that provides paid lodging and accommodation on a short-term basis. It then discusses the classification of hotels based on location, property type, pricing plans, clientele, and length of stay. It provides definitions for what the hotel industry and hotel marketing strategy entail. It notes that the hospitality sector, which includes hotels, is one of the fastest growing sectors in India. It also discusses the importance of comfort, security, privacy, convenience, and cleanliness for hotel guests.
The document discusses hotel and tourism trends in Abu Dhabi. It notes that hotel demand has been driven by corporate and MICE segments but that the government is focusing on developing leisure tourism. Hotel room supply is concentrated in upscale segments and the development pipeline also skews upscale. Occupancy and RevPAR recovered in 2013 after declines from 2009-2012 due to new room additions. The aviation sector is driving tourism growth as passenger traffic increases annually. Infrastructure projects around transportation will further support tourism development and demand growth.
Presentation covered :
1. Introduction
2. SWOT Analysis
3.Strategic Planning Process
4.Structure of the Organization
5.Control Mechanism
6.Leadership Style that I observed
7.Various strategies which incorporate in order to get listed in the list of best places to work.
This document provides an analysis of the hospitality industry in India. It begins with an overview of the history and growth of the hospitality industry in India. It then categorizes players in the industry based on location, size, level of service, length of stay, theme, target market, and room types. Specific Indian companies like ITC, EIH, IHCL, and OYO are analyzed. Tools like PESTAL, SWOT, Porter's Five Forces, and value chain analyses are applied to the hotel industry. Challenges faced by hotels and frameworks like BCG matrix and McKinsey matrix are discussed. The document concludes with references.
A detailed look into the history, decline, current scenario and future outlook of the hotel industry in Pakistan, accompanied by research via statistical tools on public perception about the reasons of the decline
This document summarizes hotel options for business travelers working in satellite cities and districts outside of central Hong Kong. It describes several hotel options in areas like Lantau Island near the airport, the Western New Territories including Tsuen Wan, Sha Tin to the east, Kowloon Bay, and Hong Kong Island south near Aberdeen. For each area, it provides details on 2-3 hotel properties, including amenities and proximity to business or transportation hubs in the surrounding districts. The document aims to show business travelers that there are quality accommodation options outside of central Hong Kong that provide easy access to the burgeoning business centers in the outer regions.
The document provides an overview of the hospitality industry in India. It discusses that the industry is expected to grow significantly from USD 16.7 billion to USD 30.7 billion between 2008-2013. The growth is driven by strong economic recovery, various government policies and incentives, and increasing demand. While the industry saw declines in 2008-2009 due to economic downturn, occupancy levels and revenues are increasing again. The industry is also shifting from unorganized to organized sector with entry of foreign players. Future trends include growth in tier 2 and 3 cities, focus on green hotels, and local cuisines.
SECURITIES VALUATION of The Indian Hotel Company LimitedPersonal
The document discusses the hotel industry in India. It provides statistics on the number of hotels and rooms in India categorized by star ratings. It describes the different market segments in the hotel industry including premium and luxury, mid-market, and budget. It also discusses the major players in the industry such as Indian Hotels Company which owns the Taj Hotels, as well as other hotel chains.
The hotel industry in India is valued at approximately $25 billion and is growing at an average rate of 32% annually. There is currently demand for 150,000 hotel rooms but only 110,000 rooms available. The occupancy rates for hotels have been increasing with the average rate in the September quarter reaching 56.5% compared to 53.2% the previous year. The main segments that contribute to hotel revenue are room sales at 70% and food and beverage at approximately 30%. The major players in the Indian hotel industry are Indian Hotels Company, ITC Hotels, Oberoi Hotels, and Taj Hotels.
The document provides an overview of the hospitality industry with a focus on the hotel industry in India. It discusses the growth of the hotel industry in India, noting that India occupies the 68th position among top tourist destinations globally. The government of India has undertaken various measures to promote tourism such as advertising campaigns and increasing security at tourist sites. The hotel industry in India is expected to experience rapid growth in the coming years as tourism increases, with the travel and tourism sector projected to be the second largest employer worldwide and receive significant capital investment between 2010-2019.
The hospitality industry in India has grown significantly over the past few decades. It currently has a supply of 110,000 hotel rooms and India ranks 18th in business travel. The industry is growing at 15% annually and was worth $137 billion in FY 2009-10. It generates over 200,000 direct and indirect jobs. Major players include Indian Hotels, ITC Welcomgroup, EIH, and Carlson. While the industry has potential, it faces threats such as poor infrastructure, political instability, terrorism, and pollution.
ITC Hotels is a chain of luxury hotels owned by ITC Limited. ITC Hotels owns and operates 100 hotels across 75 destinations in India. The 7Ps of ITC Hotels' service marketing mix include: Products (rooms and amenities), Price (Rs. 5,500-3,00,000 per night), Promotion (FMCG, media, social media), Physical Evidence (hotels and amenities), Process (guest booking to checkout), Place (metropolitan cities and tourist destinations), and People (staff across roles).
Marriott International announced plans to more than double the size of its portfolio in the Asia-Pacific region by 2016. The company expects to grow from 132 open hotels today to at least 265 hotels across 16 countries in the region, representing over 80,000 rooms. Marriott currently operates 8 brands in Asia Pacific and sees growth potential across market segments. A key driver is consumer preference for Marriott's global brands, as seen in membership growth in Marriott Rewards, which doubled in Asia last year.
IHCL has adopted various strategies over the past five years to globalize its operations and strengthen its brand, including strong sales and marketing, innovative new product ideas, marketing alliances, maintaining high service standards, developing talent, and future plans to expand its affordable Ginger brand and explore new markets like China and South Africa.
The presentation classifies hotels based on their location. Hotels can be located in city centers near business districts with high occupancy rates. Motels are located on highways primarily for overnight travelers. Suburban hotels have lower rates and are ideal for budget travelers, especially on weekends. Airport hotels are near airports to accommodate transit guests. Resort hotels are located in areas like beaches or hills to allow guests to relax and enjoy the surroundings. Floating hotels are established on ships or boats located on rivers, seas or lakes.
The hospitality industry in India is large and growing, contributing 5.9% to GDP and employing over 41 million people. Demand for travel and tourism is expected to grow at 11.8% annually through 2020. Key drivers of growth include rising incomes, infrastructure improvements, and the government's policies to promote tourism. While the industry faces challenges like infrastructure gaps and political/economic instability, the future outlook is positive. With continued economic growth and urbanization, tourism is forecasted to contribute $431 billion to the economy by 2020 and attract more domestic and international visitors.
The document discusses human resource practices in the hotel industry. It begins with an introduction to the hotel industry, describing its growth and diversity of opportunities. It then covers classifications of hotels based on star ratings and amenities, as well as classifications based on type such as heritage, beach resort, and government approved hotels. Finally, it outlines the major departments in hotels, including front office, housekeeping, food and beverage, and human resources, and the career opportunities available in the industry.
ITC Limited is an Indian conglomerate company whose businesses include hotels, paper, packaging, agri-business, information technology and others. It was incorporated in 1910 as Imperial Tobacco Company of India and later renamed to ITC Limited in 1974. ITC operates luxury hotel chains across India under various brands such as ITC Hotels, WelcomHotels and Fortune Hotels. It is recognized for pioneering sustainability practices in the hospitality industry with all its hotels being LEED platinum certified. ITC also owns and operates several high-end restaurants that are recognized internationally for their cuisine.
The document provides an overview of the Taj Hotels group. It discusses the hotel industry in India and categories of hotels. It then focuses on Taj Hotels, describing its founding in 1903, expansion across India and globally, categories of Taj hotels including luxury, business, and leisure hotels. The summary also discusses Taj Hotels' marketing mix, competitors, and segmentation strategies.
This document provides an overview of a study conducted on customer satisfaction at the Anand Regency hotel. It includes the objectives of the study, which are to understand customer satisfaction levels, services provided, food quality, and customer expectations. It outlines the need for the study to provide management insights into satisfaction. The methodology section describes the use of primary and secondary data collection. Limitations include a short time frame, limited customer surveys, and the study being restricted to one location. It also provides background on the hospitality industry and the history and profile of the Anand Regency hotel.
The Taj Group of Hotels is India's oldest and largest hotel chain. It was established in 1903 with the opening of the iconic Taj Mahal Palace hotel in Mumbai. With over 57 properties across India and internationally, the Taj Group operates various hotel types including luxury hotels, resorts, and safari lodges. The Taj Group takes pride in its association with the Tata Group and aims to provide excellent customer service while acquainting guests with Indian culture and heritage. It has established a solid reputation in the hospitality industry through its commitment to quality and tradition of gracious Indian hospitality.
The document discusses the types and classifications of hotels in India. It covers the major categories that hotels can be classified under such as location, size, services offered, target markets, and ownership structures. It also outlines the key departments in a hotel's operations as well as challenges and opportunities for the growing hotel industry in India, which includes a lack of infrastructure, intense competition from international brands, and Indian companies now looking to expand overseas.
This document provides an overview of the hotel industries. It begins with defining a hotel as an establishment that provides paid lodging and accommodation on a short-term basis. It then discusses the classification of hotels based on location, property type, pricing plans, clientele, and length of stay. It provides definitions for what the hotel industry and hotel marketing strategy entail. It notes that the hospitality sector, which includes hotels, is one of the fastest growing sectors in India. It also discusses the importance of comfort, security, privacy, convenience, and cleanliness for hotel guests.
The document discusses hotel and tourism trends in Abu Dhabi. It notes that hotel demand has been driven by corporate and MICE segments but that the government is focusing on developing leisure tourism. Hotel room supply is concentrated in upscale segments and the development pipeline also skews upscale. Occupancy and RevPAR recovered in 2013 after declines from 2009-2012 due to new room additions. The aviation sector is driving tourism growth as passenger traffic increases annually. Infrastructure projects around transportation will further support tourism development and demand growth.
Presentation covered :
1. Introduction
2. SWOT Analysis
3.Strategic Planning Process
4.Structure of the Organization
5.Control Mechanism
6.Leadership Style that I observed
7.Various strategies which incorporate in order to get listed in the list of best places to work.
This document provides an analysis of the hospitality industry in India. It begins with an overview of the history and growth of the hospitality industry in India. It then categorizes players in the industry based on location, size, level of service, length of stay, theme, target market, and room types. Specific Indian companies like ITC, EIH, IHCL, and OYO are analyzed. Tools like PESTAL, SWOT, Porter's Five Forces, and value chain analyses are applied to the hotel industry. Challenges faced by hotels and frameworks like BCG matrix and McKinsey matrix are discussed. The document concludes with references.
A detailed look into the history, decline, current scenario and future outlook of the hotel industry in Pakistan, accompanied by research via statistical tools on public perception about the reasons of the decline
This document summarizes hotel options for business travelers working in satellite cities and districts outside of central Hong Kong. It describes several hotel options in areas like Lantau Island near the airport, the Western New Territories including Tsuen Wan, Sha Tin to the east, Kowloon Bay, and Hong Kong Island south near Aberdeen. For each area, it provides details on 2-3 hotel properties, including amenities and proximity to business or transportation hubs in the surrounding districts. The document aims to show business travelers that there are quality accommodation options outside of central Hong Kong that provide easy access to the burgeoning business centers in the outer regions.
The document provides an overview of the hospitality industry in India. It discusses that the industry is expected to grow significantly from USD 16.7 billion to USD 30.7 billion between 2008-2013. The growth is driven by strong economic recovery, various government policies and incentives, and increasing demand. While the industry saw declines in 2008-2009 due to economic downturn, occupancy levels and revenues are increasing again. The industry is also shifting from unorganized to organized sector with entry of foreign players. Future trends include growth in tier 2 and 3 cities, focus on green hotels, and local cuisines.
SECURITIES VALUATION of The Indian Hotel Company LimitedPersonal
The document discusses the hotel industry in India. It provides statistics on the number of hotels and rooms in India categorized by star ratings. It describes the different market segments in the hotel industry including premium and luxury, mid-market, and budget. It also discusses the major players in the industry such as Indian Hotels Company which owns the Taj Hotels, as well as other hotel chains.
The hotel industry in India is valued at approximately $25 billion and is growing at an average rate of 32% annually. There is currently demand for 150,000 hotel rooms but only 110,000 rooms available. The occupancy rates for hotels have been increasing with the average rate in the September quarter reaching 56.5% compared to 53.2% the previous year. The main segments that contribute to hotel revenue are room sales at 70% and food and beverage at approximately 30%. The major players in the Indian hotel industry are Indian Hotels Company, ITC Hotels, Oberoi Hotels, and Taj Hotels.
The document provides an overview of the hospitality industry with a focus on the hotel industry in India. It discusses the growth of the hotel industry in India, noting that India occupies the 68th position among top tourist destinations globally. The government of India has undertaken various measures to promote tourism such as advertising campaigns and increasing security at tourist sites. The hotel industry in India is expected to experience rapid growth in the coming years as tourism increases, with the travel and tourism sector projected to be the second largest employer worldwide and receive significant capital investment between 2010-2019.
The hospitality industry in India has grown significantly over the past few decades. It currently has a supply of 110,000 hotel rooms and India ranks 18th in business travel. The industry is growing at 15% annually and was worth $137 billion in FY 2009-10. It generates over 200,000 direct and indirect jobs. Major players include Indian Hotels, ITC Welcomgroup, EIH, and Carlson. While the industry has potential, it faces threats such as poor infrastructure, political instability, terrorism, and pollution.
ITC Hotels is a chain of luxury hotels owned by ITC Limited. ITC Hotels owns and operates 100 hotels across 75 destinations in India. The 7Ps of ITC Hotels' service marketing mix include: Products (rooms and amenities), Price (Rs. 5,500-3,00,000 per night), Promotion (FMCG, media, social media), Physical Evidence (hotels and amenities), Process (guest booking to checkout), Place (metropolitan cities and tourist destinations), and People (staff across roles).
Marriott International announced plans to more than double the size of its portfolio in the Asia-Pacific region by 2016. The company expects to grow from 132 open hotels today to at least 265 hotels across 16 countries in the region, representing over 80,000 rooms. Marriott currently operates 8 brands in Asia Pacific and sees growth potential across market segments. A key driver is consumer preference for Marriott's global brands, as seen in membership growth in Marriott Rewards, which doubled in Asia last year.
IHCL has adopted various strategies over the past five years to globalize its operations and strengthen its brand, including strong sales and marketing, innovative new product ideas, marketing alliances, maintaining high service standards, developing talent, and future plans to expand its affordable Ginger brand and explore new markets like China and South Africa.
The presentation classifies hotels based on their location. Hotels can be located in city centers near business districts with high occupancy rates. Motels are located on highways primarily for overnight travelers. Suburban hotels have lower rates and are ideal for budget travelers, especially on weekends. Airport hotels are near airports to accommodate transit guests. Resort hotels are located in areas like beaches or hills to allow guests to relax and enjoy the surroundings. Floating hotels are established on ships or boats located on rivers, seas or lakes.
The hospitality industry in India is large and growing, contributing 5.9% to GDP and employing over 41 million people. Demand for travel and tourism is expected to grow at 11.8% annually through 2020. Key drivers of growth include rising incomes, infrastructure improvements, and the government's policies to promote tourism. While the industry faces challenges like infrastructure gaps and political/economic instability, the future outlook is positive. With continued economic growth and urbanization, tourism is forecasted to contribute $431 billion to the economy by 2020 and attract more domestic and international visitors.
The document discusses human resource practices in the hotel industry. It begins with an introduction to the hotel industry, describing its growth and diversity of opportunities. It then covers classifications of hotels based on star ratings and amenities, as well as classifications based on type such as heritage, beach resort, and government approved hotels. Finally, it outlines the major departments in hotels, including front office, housekeeping, food and beverage, and human resources, and the career opportunities available in the industry.
ITC Limited is an Indian conglomerate company whose businesses include hotels, paper, packaging, agri-business, information technology and others. It was incorporated in 1910 as Imperial Tobacco Company of India and later renamed to ITC Limited in 1974. ITC operates luxury hotel chains across India under various brands such as ITC Hotels, WelcomHotels and Fortune Hotels. It is recognized for pioneering sustainability practices in the hospitality industry with all its hotels being LEED platinum certified. ITC also owns and operates several high-end restaurants that are recognized internationally for their cuisine.
The document provides an overview of the Taj Hotels group. It discusses the hotel industry in India and categories of hotels. It then focuses on Taj Hotels, describing its founding in 1903, expansion across India and globally, categories of Taj hotels including luxury, business, and leisure hotels. The summary also discusses Taj Hotels' marketing mix, competitors, and segmentation strategies.
This document provides an overview of a study conducted on customer satisfaction at the Anand Regency hotel. It includes the objectives of the study, which are to understand customer satisfaction levels, services provided, food quality, and customer expectations. It outlines the need for the study to provide management insights into satisfaction. The methodology section describes the use of primary and secondary data collection. Limitations include a short time frame, limited customer surveys, and the study being restricted to one location. It also provides background on the hospitality industry and the history and profile of the Anand Regency hotel.
The Taj Group of Hotels is India's oldest and largest hotel chain. It was established in 1903 with the opening of the iconic Taj Mahal Palace hotel in Mumbai. With over 57 properties across India and internationally, the Taj Group operates various hotel types including luxury hotels, resorts, and safari lodges. The Taj Group takes pride in its association with the Tata Group and aims to provide excellent customer service while acquainting guests with Indian culture and heritage. It has established a solid reputation in the hospitality industry through its commitment to quality and tradition of gracious Indian hospitality.
Indian Hotel Industry Past, Present and Futureijtsrd
- The hotel industry in India developed from colonial times, with British citizens founding professional hotels in cities like Calcutta, Mumbai, and Delhi. The Tata group opened India's first large-scale hotel in Mumbai in 1903.
- After independence, the Indian government recognized the need to develop hotels and established organizations like Indian Tourism Development Corporation to build hotels across India. Economic reforms in the 1990s further accelerated growth of the industry.
- Major Indian hotel chains like Taj, Oberoi, and ITC have expanded globally, operating hotels in over a dozen countries. Foreign hotel chains have also entered India, attracted by growth opportunities, and now compete with Indian chains. The industry is expected to continue growing as tourism in India
This document provides an overview of the hospitality industry in India. It discusses the nature of the industry, key players such as Taj, Leela, Oberoi, and ITC hotels. It analyzes the industry structure and discusses topics like geographical spread of major players, demand-supply dynamics, branding and pricing strategies. It also provides details on market capitalization of top hotel companies and profiles of promoters and management groups of some major Indian hotel brands.
The document provides an overview of the hospitality industry in India. It discusses the characteristics of the industry, including shift work and the inseparability of production and consumption. It also outlines the present status of the industry in India, including key hotel chains and brands, growth statistics from 2000-2011, and the impact of technology. The industry appears to be recovering after being negatively impacted in 2009-2010. The conclusion emphasizes developing good customer service and communication to support business success in the hospitality field.
The document discusses the types and classification of hotels in India. It begins by providing an overview of the hospitality industry in India and notes that it is one of the fastest growing sectors. It then discusses the various types of hotels based on location, size, level of service, length of stay, theme, and target market. Some examples include city center hotels, motels, resort hotels, budget hotels, luxury hotels, suite hotels, and casino hotels. The major challenges facing the hotel industry are also summarized along with the competitive landscape and opportunities and threats for future growth.
Hotel Destinations Asia Pacific, a guide intended to provide you with a snapshot of the key hotel markets around Asia Pacific.
As one of our flagship publications, this guide provides for an overview of notable hotel trends, recent transactions, upcoming new projects and a summary of key market statistics for each destination.
This document is a project report submitted by Ganeri Ranjit Kumar.P to Prof. Nithya Varghese on October 21st, 2013 in partial fulfillment of a Bachelor's degree in Management Studies. The report focuses on analyzing the hospitality industry, with a case study of the Taj Group of Hotels. It includes an introduction, research methodology, conceptual framework, company profile analysis of Taj Hotels, analysis of the hotel industry, questionnaires, limitations, conclusions, interpretations and recommendations.
This document provides an overview of the hotel and tourism industry in India as background for a study comparing five hotels in Udaipur, India: Radisson Blu, Ramada, Ananta, Trident, and Lalit. It first introduces Udaipur as a popular tourist destination known for its history, culture, and scenic locations. It then outlines the research methodology, describing the objectives, scope, data collection methods, sampling approach, and limitations of the study. Finally, it provides context on the growth of the Indian hotel and tourism industry, key factors driving growth, government initiatives to support the industry, and the future potential of hospitality in India. The document serves as an introduction to the industry and research project
A project report on hr practice in hotel industryProjects Kart
The document provides an overview of the hotel industry and human resource practices within it. It discusses that the hotel industry is large and growing, offering diverse career opportunities. It also classifies hotels based on star ratings and amenities, and describes the various core departments within hotels like food and beverage, front office, and housekeeping. The roles of supporting departments like marketing, engineering, and finance are also outlined. Finally, it discusses the importance of safety, security, and developing training programs for employees.
ITC Limited was incorporated in 1910 as Imperial Tobacco Company of India and has since diversified into various business segments including hotels. ITC Hotels was launched in 1975 and pioneered the concept of 'Responsible Luxury' in hospitality. ITC Hotels operates several brands including ITC Luxury Collection, WelcomHotels, Fortune Hotels and WelcomHeritage. It is committed to sustainable practices and all its hotels are LEED Platinum certified, making it the greenest luxury hotel chain globally.
The Oberoi Group is a major player in India's hospitality industry, operating 31 hotels across India and other countries. Founded in 1934 by Rai Bahadur Mohan Singh Oberoi, the Oberoi Group is known for its luxury hotels and excellent customer service. P.R.S. Oberoi currently serves as the Executive Chairman, focusing on continuing the founder's vision of delivering exceptional guest experiences and prioritizing employees. The Oberoi Group engages in corporate social responsibility initiatives like partnering with SOS Children's Villages to support underprivileged children's education.
Indian hotel industry competetion and benchmarkingAnmol Sharma
The document contains analysis of the Indian hotel industry from all the major aspects. Comparison between 3 major Indian hotel chains show the level of competition and the benchmarks that are set by them to maintain their strategic advantage.
The document discusses the need for mid-market hotels in Dubai to accommodate a more diverse range of travelers as the city aims to attract 20 million visitors by 2020. While Dubai currently relies heavily on luxury hotels, mid-market hotels that offer affordable accommodations, good wifi, and technology access would appeal more to millennial and budget travelers from emerging markets like India and China. The paper examines factors driving demand for mid-market hotels and outlines challenges to their development, but argues they can be financially viable given lower construction costs per room compared to luxury hotels.
The hospitality industry in Bangladesh, including hotels, is growing rapidly. There are now several international five-star hotel brands operating in the country, and more are planned in the coming years. This is increasing competition in the hotel market. The report analyzes the performance of Dhaka Sheraton Hotel compared to other five-star hotels in Bangladesh using metrics like RevPAR, occupancy rate, and ADR. It seeks to determine Dhaka Sheraton's current position in the competitive five-star hotel market.
DAMAC Innovates in Hotel Investment - EnglishKushagra Mangal
DAMAC Properties is providing opportunities for individual investors to invest in hotel rooms starting at AED 440,000 in order to tap into the growing Dubai hospitality sector. Dubai is expecting tourism growth of 7-9% annually to reach 20 million visitors by 2020. DAMAC has developed over 13,000 hotel rooms and plans to deliver more than 13,000 additional rooms by 2021 to meet demand. Investing in a hotel room provides an estimated 10% annual return on investment along with ownership rights and annual personal stays, allowing individual investors to benefit from Dubai's booming real estate market.
The document provides an overview of Four Seasons Hotels and Resorts. It discusses the company's founding in 1961 in Toronto, Canada. It has since expanded to over 100 hotels worldwide. The summary highlights the company's continued global expansion through new hotel and resort openings planned for 2019, including locations in Greece, Thailand, India, Mexico, Spain, Canada, and the US. It also discusses the strategic expansion of Four Seasons' private residences portfolio.
The document provides information about Devansh Gola's course, batch, and roll number at Frankfinn Institute Of Airhostess Training. It also thanks various people for their support. It then discusses the definition of hospitality. The rest of the document details information about the Lalit hotel chain, including locations, amenities, and history.
IFC is the largest multilateral source of loans and equity finance for private enterprises in emerging markets. They offer long-term financing, equity investments, and advisory services to support the development of tourism and business infrastructure through hotel projects. Hotels can catalyze economic growth by creating jobs, generating tax revenue, improving foreign exchange, and supporting small businesses in the supply chain. IFC has invested over $2 billion in 220 hotel projects since 1956 to facilitate tourism and economic development.
Ritesh Agarwal is the young founder and CEO of OYO Rooms, which has become India's largest chain of budget hotels. He started the company in 2013 after discovering issues with finding affordable and good quality accommodation during his travels. OYO Rooms standardizes hotels to ensure quality, and has expanded rapidly to over 350 hotels across 20 cities in India. The company's mobile app has been downloaded over 160,000 times and facilitated over 20,000 bookings. While the hotel industry in India has been heavily impacted by COVID-19, with demand dropping to zero, OYO aims to continue expanding in India and internationally through further funding rounds.
Similar to DR Arief Gunawan HVS - Extraordinary Growth Opportunities in Indonesia for Hotel Chains-1 (20)
DR Arief Gunawan HVS - Extraordinary Growth Opportunities in Indonesia for Hotel Chains-1
1. HVS Global Hospitality Services | 6 Temasek Boulevard, #23-01A Suntec
Tower Four, Singapore 038986
www.hvs.com
EXTRAORDINARY GROWTH
OPPORTUNITIES IN INDONESIA
FOR HOTEL CHAINS
DECEMBER 2012
Dr Arief Gunawan
Vice President
HVS Jakarta
Zhang Jiahao
Associate
HVS Singapore
2. EXTRAORDINARY GROWTH OPPORTUNITIES IN INDONESIA FOR HOTEL CHAINS | PAGE 2
FIGURE 1: LEADING DESTINATIONS IN INDONESIA, AS OF YTD SEPTEMBER 2012 (BY VISITOR ARRIVALS TO PORT OF
ENTRY)
Port of Entry Destinations YTD September 2012 YTD September 2011 % Change
Ngurah Rai Bali 2,147,169 2,075,608 3%
Soekarno-Hatta Jakarta 1,506,509 1,423,952 6%
Batam Batam 878,108 835,769 5%
Tanjung Uban Bintan 252,165 250,621 1%
Polonia Medan 147,749 135,055 9%
Source: Central Agency on Statistics, Indonesia
0.0
0.5
1.0
1.5
2.0
2.5
Bali Jakarta Batam Bintan Medan
VisitorArrivals(Millions)
YTD September 2012 YTD September 2011
International visitor arrivals to Indonesia in the first nine months of 2012 rose by 5% to
5.9 million from 5.6 million visitors during the same period of 2011. The growth in visitor
arrivals amid the current global economic uncertainties indicates that Indonesia remains
one of Asia’s popular destinations. The Ministry of Tourism and Creative Economy remains
confident that its target of receiving 8 million visitors in 2012 can be achieved.
With foreign investments in the tourism sector in Indonesia reaching US$7.3 billion for the
first nine months of 2012, compared to US$2.5 billion for the same period in 2011,
Indonesia has now become a destination which provides hotel developers and chains with
significant opportunities for growth.
Strong Visitor Arrivals in 2012
The number of international visitors to Indonesia has been growing consistently for the past six years
with only slight fluctuations in 2006 and 2009. In the first nine months of 2012, visitor arrivals grew by
5% from 5.6 million in the same period in 2011 to 5.9 million visitors. In addition, the main gateway for
visitor arrivals was Bali, where Ngurah Rai International Airport recorded 2.1 million visitors for the first
nine months of 2012, which is a 3% increment from the same period in 2011. Making up the top five
destinations in Indonesia include Jakarta, Batam, Bintan and Medan. Out of the top five destinations,
Medan registered the highest year-on-year growth of 9%.
3. EXTRAORDINARY GROWTH OPPORTUNITIES IN INDONESIA FOR HOTEL CHAINS | PAGE 3
FIGURE 2: VISITOR ARRIVALS TO INDONESIA, AS OF YTD SEPTEMBER 2012
Source: Central Agency on Statistics, Indonesia
-5%
0%
5%
10%
15%
0.0
2.0
4.0
6.0
8.0
10.0
2005 2006 2007 2008 2009 2010 2011 YTD Sep
2011
YTD Sep
2012
VisitorArrivals(Millions)
Visitor Arrivals % Growth
FIGURE 3: LEADING HOTEL GROUPS IN INDONESIA, AS OF 1H 2012 (BY NUMBER OF ROOMS)
Notes:
1) Room inventory figures are compiled from company websites as of 1H 2012
Source: HVS Research
1,918
1,971
1,995
2,042
2,319
2,702
4,196
5,653
6,087
10,837
0 2,000 4,000 6,000 8,000 10,000 12,000
Discovery Hotels & Resorts
Hyatt
IHG
Sahid Hotel Network
Tauzia Hotel Management
Starwood
Swiss Bel-hotel
Santika Indonesia Hotels & Resorts
Aston International
Accor
Total No. of Rooms
LEADING HOTEL MANAGEMENT GROUPS IN INDONESIA
As Indonesia posted strong economic and tourism growth, international and domestic hotel groups alike
are focusing their business development efforts in Indonesia.
The following chart provides a snapshot of the international and domestic hotel groups in Indonesia by
their room inventory as of first half of 2012. Among these hotel groups, there is a good balance of
domestic and international hotel groups.
4. EXTRAORDINARY GROWTH OPPORTUNITIES IN INDONESIA FOR HOTEL CHAINS | PAGE 4
In the top spot is the French hotel group, Accor, with a current inventory of approximate 10,800 rooms in
the Indonesia Archipelago, 78% higher than the room inventory of the next leader, Aston International.
As one of the largest operator of hotels in Asia Pacific, Accor has 52 hotels in the country under its various
brands ranging from economy brands Ibis, All Seasons (soon Ibis Styles) and Hotel Formulae 1 (soon Ibis
Budget) to midscale brand Mercure and upscale brands Pullman and Novotel. Accor has further
strengthened its intent to dominate the Indonesia hospitality market, with 27 new management contracts
in Indonesia signed so far this year. In addition, the market leader has planned to open 20 new properties
in 2013, placing emhpasis on the economy and midscale segments in not only the first- and second-tier
cities but also third-tier cities such as Palu in Central Sulawesi.
Founded in 1948, Aston International is among Hawaii's first and leading operator of resort
condominiums and hotels. In 1997, the group established its presence in Indonesia. In less than two
decades, Aston International is esatablished as a key player in terms of room inventory, with an
approximate 6,000 rooms currently in operation. Aston International offers a total of 12 brands to target
all segments of the market, such as the upscale market brands of Grand Aston, Alana and Royal Alana,
deluxe villa brands Royal Kamuela and Kamuela, midscale Aston, economy brands Aston, Aston City,
Aston Inn and Quest, boutique budget Neo hotels and select service FaveHotel.
Following closely behind on the heels of Aston International is the key domestic player, Santika Indonesia
Hotels and Resorts, which has an estimated inventory of 5,600 rooms. The group’s first opening was Hotel
Santika Bandung, and their presence have since continued to other strategically placed cities around
Indonesia. Its brand offerings include the middle to upscale market brands of Hotel Santika Premiere,
Hotel Santika and Amaris and, boutique Villa brand The Royal Collection – The Samaya and The Kayana.
In fourth spot is Swiss Bel-hotel, an international hotel operator headquartered in Hong Kong. The group
has a large presence in Indonesia with approximately 4,200 rooms. At least another 32 hotel
developments are in the pipeline. Its brands include the upscale brand Grand Swiss, midscale Swiss Bel-
Hotel, economy Swiss Belinn and the recently announced budget brand, Zest.
Rounding up the top five is Starwood Hotels and Resorts. The international hotel management chain has
approximately 2,700 rooms in Indonesia spread across its brands, W, St Regis, The Luxury Collection,
Westin, Sheraton and Le Meridien. Its select service brand, Aloft, will be introduced to the archipalego
from 2016 onwards.
Next is Tauzia Hotel Management which managed the brands, Harris, Preference and POP! hotels. In less
than ten years since the opening of 1st Harris hotel in Batam, the Harris brand has grown to be a popular
hotel brand in Indonesia, renowned for its affordable and friendly hotel concept for business and leisure
travelers in the midscale market. Currently, there are 11 Harris hotels in Indonesia, representing 1,997
rooms, with an approximate 4,200 rooms in the pipeline. The overall room inventory of Tauzia Hotel
Management comprises approximate 2,300 rooms, placing it in 6th spot.
Other major groups in the country include Sahid Hotel Network, IHG, Hyatt and Discovery Hotels &
Resorts with room inventory ranging from 1,900 to 2,000 rooms.
DOMESTIC HOTEL MANAGEMENT GROUPS
The following chart provides a snapshot of the prominent domestic hotel groups in Indonesia by their
existing room inventory as of the first half of 2012. Besides Santika Indonesia Hotels & Resorts, other
emerging hospitality management players are making their presence felt such as Grand Zuri Hotels which
5. EXTRAORDINARY GROWTH OPPORTUNITIES IN INDONESIA FOR HOTEL CHAINS | PAGE 5
FIGURE 4: DOMESTIC HOTEL GROUPS IN INDONESIA, AS OF 1H 2012 (BY NUMBER OF ROOMS)
Notes:
1) Room inventory figures are compiled from company websites as of 1H 2012
Source: HVS Research
296
383
559
748
968
977
1,022
1,295
1,504
1,568
1,725
1,918
2,042
2,319
5,653
0 1,000 2,000 3,000 4,000 5,000 6,000
MessaHotels &Resorts
PT. Intiwhiz International
Dafam Hotels
Alila Hotels
Prime PlazaHotels & Resorts
AerowisataHotels &Resorts
Grand ZuriHotels
JayakartaHotels & Resorts
Horison Hotels
SinggasanaHotels & Resorts
AryadutaHotelGroup
Discovery Hotels & Resorts
Sahid Hotel Network
TauziaHotel Management
SantikaIndonesiaHotels & Resorts
TotalNo. of Rooms
has a strong presence in Sumatra, Kagum Hotels & Resorts (strong presence in West Java), Dafam Hotels
(strong presence in Java Island) and Mesa Hotels & Resorts (a relatively new player focusing on the high-
end market).
Outlook
Indonesia remains one of Asia’s popular tourist destinations and provides hotel chains with significant
opportunities for growth.
Assuming a five percent compounded annual growth rate, domestic and international visitor arrivals is
projected to increase from the current 250 million to 400 million by 2022. An additional 100,000
guestrooms will be required, translating to an estimated 700 to 800 hotels to be built in the next decade,
creating tremendous opportunities for both domestic and international hotel management groups.
Historically, many of the international hotel chains have focused on the upscale or luxury hotels.
However, going forward there are tremendous opportunities for the economy and mid-scale hotel
categories catered to the rapidly growing domestic markets. The influx of budget airlines in Asia and
within Indonesia, have enhanced connectivity and affordability of travels.
Bolstered by a healthy economic outlook, the hospitality and tourism industry of Indonesia is expected to
experience a period of sustainable growth and opportunties for investors, management groups and other
stakeholders.
6. HVS Global Hospitality Services | 6 Temasek Boulevard, #23-01A Suntec
Tower Four, Singapore 038986
www.hvs.com
About HVS
HVS is the world’s leading consulting and services organisation
focused on the hotel, restaurant, shared ownership, gaming,
and leisure industries. For further information regarding our
expertise and specifics about our services, please visit
www.hvs.com
From its offices in Singapore, Jakarta, Beijing, Shanghai and
Guangzhou, HVS has appraised or advised on existing hotels and
resorts, as well as development projects located in more than
100 cities and resort markets across Asia Pacific. The team’s
extensive project experience encompasses consulting and
strategic advice, development feasibility studies, investment
sales and acquisitions, hotel asset management and hotel
management company search for a host of project types –
hotels, resorts, serviced residences, golf courses, mixed-use
complexes, residential, office and retail.
About Indonesia Hospitality and Tourism
Investment Conference (IHT)
Co-hosted by the Minsitry of Tourism & Creative Economy and
HVS, IHT is a leading hospitality and touirsm investment
conference that provides participants with valuable market
insights, business opportunities , ideas and network with
investors, owners, developers, bankers, hotel management
groups, tourism and other industry leaders.
The inaugural IHT conference will be held on 8 & 9 May 2013, at
the Ritz Carlton Pacific Place, Jakarta.
For more information to reserve a place in the next IHT
conference, please visit:
www.indonesiahospitalityconference.com
About the Authors
Dr. Arief Gunawan is Vice
President of HVS Jakarta.
Arief brings more than 20
years of experience in the
hospitality industry
including senior positions
with the World Trade Center
Jakarta, various hotel
corporate roles, as general
manager of hotels, resorts and a golf country club.
Arief is well qualified to take on a new and exciting
role of advising HVS’ clients on hotel, resort and
serviced residence development, investment and
asset management in Indonesia.
Zhang Jiahao is an Associate
with HVS Singapore,
specialising in market
intelligence, hotel valuation and
consultancy. Jiahao provides
research and analytical support
for a wide range of feasibility
reports, research projects, and
other consultancy assignments in Singapore and
Asia Pacific. Jiahao graduated with a Bachelor of
Science (Honours) in Real Estate from National
University of Singapore.
To contact the authors for this article: Arief
Gunawan at agunawan@hvs.com or Zhang Jiahao at
jhzhang@hvs.com
Disclaimer: Information provided has been gathered
from various market sources. No representation or
warranty is provided or implied by HVS on the
information provided herein. Interested parties are
advised to make their own independent checks to
verify the information provided.