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Information of Hotel Industry Laws in India – Part1
- Opportunities
- Applicable laws/regulatory policies.
Introduction
Hotel Industry in India is witnessing tremendous boom in recent years and going through an interesting phase. One of the major reasons for the increase in demand for hotel rooms in the country is the boom in the overall Economy and high growth in sectors like information technology, telecom, retail and real estate. Rising stock market and new business opportunities are also attracting hordes of foreign investors and international corporate travelers to look for business opportunities in the country particularly growth in tourism sector. As hotel industry is inextricably linked to the tourism industry and the growth in the Indian tourism industry has fuelled the growth of Indian hotel industry.
Explosive economic growth in India ignites unquenchable demand for hotel rooms. With huge investments flowing into India for the development of infrastructure such as roads, highways, airports and convention centers, interest in hotel developments is hitting new highs as tourism, business and travel are on the rise.
The booming tourism industry has had a cascading effect on the hospitality sector with an increase in the occupancy ratios and average room rates. And with the continuing surge in demand, many global hospitality majors have evinced a keen interest in the Indian hospitality sector. It is estimated that India is likely to have around 40 international hotel brands by 2011.
Opportunities
The spurt in India’s tourism industry growth has had a ripple effect on its hospitality sector. Rising income levels and spending power combined with the governments open sky policy have provided a major thrust. The industry is growing at a very rapid pace and there is a demand for more rooms both in metros and smaller towns. It is estimated that India is likely to have around 40 international hotel brands by 2011.
India’s booming hospitality industry has transformed into a veritable basket of the choicest of rooms, food and beverage, health and business facilities, travel packages and everything that you can think of. New global entrants are vying with existing local players to provide world-class services at prices suited to every pocket.
An estimated 4.4 million tourists are expected to visit India with an annual average growth rate of 12% in the next few years. The domestic tourist market is also flourishing. The commonwealth games in 2010 will add to the demand for quality accommodation.
The Government of India’s Incredible India destination campaign and the Atithi Devo Bhavah campaign have also helped the growth of domestic and international tourism and consequently the hotel industry.
The opening up of the aviation industry in India has exciting opportunities for hotel industry as it relies on airlines to transport 80% of international arrivals. The government’s decision to substantially upgrade 28 regional airports in smaller towns and privatization & expansion of Delhi and Mumbai airport will improve the business prospects of hotel industry in India. And the upgrading of national highways connecting various parts of India has opened new avenues for the development of budget hotels in India. Taking advantage of this opportunity Tata group and another hotel chain called ‘Homotel’ have entered this business segment.
If you want to read article go to second part of this – Information of hotel industry laws in india – part2.
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Hotels India are Fantastic
Well known all over the world for its ethnicity and culture the country of India is a dream destination for many foreign visitors and tourists. India is the largest country in the Indian Subcontinent and shares boundaries with China and Nepal to the north, Pakistan to the west, Bhutan to the north-east, Sri Lanka, the Maldives and Indonesia lie to the south-east and Bangladesh and Myanmar to the east. If its land size is anything to go by, India is the seventh largest country in the world. Its multi-lingual and multi-ethnic cultural life is what appeals to the foreign masses. Handicrafts of India are yet another favorite of the foreigners who visit the country. Each state of India has its own distinctive style and specialty and produces myriads of handiwork. Since scores of visitors and tourists pay visits to India every year, Hotels India make sure that they offer the best of lodging experience to their lodgers. Leaving no stone unturned Hotels India makes the best of your holiday.
Taj Mahal, Agra
One of the Seven Wonders of the World the Taj Mahal appeals to the mass for its distinctive charm and the love tale behind it. The Taj was commissioned by Emperor Shah Jahan for his second wife, Mumtaz Mahal, who died in childbirth in the year 1631. Made entirely out of White marble, this famous monument is the pride of India and is visited by millions of tourist and visitors each year.
Khajuraho temples
The temples of Khajuraho were constructed during the Chandela period. The temples are among the best illustration of Indo-Aryan architecture style. The carving and sculptures in and around the temple is what makes it so exquisite. Around the temple walls are masonries depicting different and several aspects of Indian life many ages ago – deities, warriors, and musicians, real and mythological animals among many others.
Backwaters of Kerala
Stupendously beautiful, the backwater of Kerala is basically a network of lakes, lagoons, rivers and canals. A visit to the state of Kerala is incomplete without savoring the beauty of its backwaters. A day spent in the houseboat sailing on the waters will make you feel like royalty.
Ajanta Caves
Dating back to from around 200 B.C, the Buddhist caves of Ajanta is among the best tourist attractions in India. The notable depictions and paintings on the temple walls are so beautiful that it has got this site a place in the UNESCO’s World Heritage Site list.
Mountain Railways of India
These offer excellent views of the natural beauty of Indian hill station. A great way to not only travel around but also to admire the mighty mountainous regions these hill passenger railways date back since the British colonial era. The two famous mountain railways are- the Nilgiri Mountain Railway and the Darjeeling Himalayan Railway.
The country of India makes for a great tourist destination. From pretty attractions, exciting places of interest to the amazing festivals… there is a lot to see and experience in India. Accommodation in India is easy to find. Hotels in India fall in many categories like cheap hotels India, amazing, luxurious hotels and mid rage accommodations.
Author is an associate editor of stayresindia.com. The website offers exclusive information of online reservation of Hotel in India . We also provide information about reservation of Best Hotels in India.
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Taj Group of Hotels -India
Pioneering the concept of traditional hospitality, the Indian Hotels Company Limited (IHCL) and its subsidiary companies, together referred to as Taj Hotels Resorts and Palaces, has created a niche for itself among the finest hotel companies in Asia. The company was started under the supervision of Mr. Jamsetji N. Tata, the founder of the Tata Group. The concerted effort of the leader and his team led to the opening of the first property under the flagship of Taj group of hotels –India in 1903.
It was the Taj Mahal Palace Hotel in Bombay with which the dream of Taj Group Hotels India was first realized. Today, this luxury Taj hotel has become identical with Indian hospitality and its fundamental ethics of ‘Atithi Devo Bhava’ i.e. ‘guests are god’. The journey, which the company had taken up long years back, has achieved glory and success with setting many benchmarks for itself and others who belong to the field of hospitality and tourism.
Over 100 years old in the hospitality sector, the Hotel Taj Group India has gifted nation with more than 60 hotels spread across its 45 cities and towns. The ambitious plans of the company however did not keep it restricted to its native land only. The venture marked with untiring enthusiasm moved ahead and explored the foreign destinations like United States of America, United Kingdom, Malaysia, Bhutan, Africa, the Middle East, Sri Lanka and Australia. At present, 15 international hotels under the flagship of the Taj Group are run and maintained in the aforementioned destinations. There is no doubt that the count will keep increasing in days to come with its dedicated plans of expansion and clear vision.
Thanks to the innovative spirit of the Taj group of hotels –India and its inclination towards serving each and every type of guests, that we can look forward to find our ideal accommodation choice whenever and wherever we go. With introducing luxury full-service hotels, resorts and palaces under the brand ‘Taj’; wildlife lodges
‘Taj Safaris’; Upper Upscale Hotels; up-market to mid-market full service hotels and resorts in the range of ‘The Gateway Hotel’; and economy hotels under the brand ‘Ginger’, the Taj Group of Hotels in India has already won our hearts and kept its promise to serve us with the best. In future also, we can expect the same amount of dedication from the group.
The Taj Group of Hotels -India provides with budget tour packages. For online booking, Visit Hotel Taj Group India