The document summarizes a market research study conducted by Renaissance Hotels to evaluate expanding into India. Key findings include: - Tourism in Kerala is growing significantly each year. Kochi is an important destination and is experiencing a shift to business travel. - The hotel market in Kochi is undersupplied, especially in premium categories. International chains are adding many new rooms. - Renaissance conducted analyses of the Indian hotel industry, Kochi region, and economic indicators that show potential for growth. - The research concludes Kochi represents a good opportunity for Renaissance to enter the Indian market due to expected tourism and business travel growth.