Hotline: 1800 102 2007
X
Search Business Opportunities
2012-08-16

India ranks 5th for hotels with best business outlook

India ranks fifth in the world for hotels with the best business outlook, says a global survey done by travel site TripAdvisor. The survey puts India with the highest proportion of businesses in Asia Pacific that expect the economy to improve in next six

India ranks fifth in the world for hotels with the best business outlook, says a global survey done by travel site TripAdvisor. The survey puts India with the highest proportion of businesses in Asia Pacific that expect the economy to improve in next six months. Out of 25,000 responses from hoteliers around the globe, the Asia Pacific region (APAC) accounted for slightly over a fifth of the entire sample and India formed the largest segment of this region with just over 1,500 respondents, making it the largest hotel survey in India as well.

Summarising survey highlights for India, Nikhil Ganju, Country Manager, TripAdvisor India said, “Most survey results for India cue a positive industry sentiment. In fact we designed an industry scale based on survey response on economic and business outlook of properties, which indicate better than average business health for India, which ranks second in APAC region and fifth in the world.”

Indonesia and India provided for the highest proportion of respondents in Asia Pacific reporting their business as extremely profitable (six per cent for both areas) or very profitable (38 per cent for Indonesia and 29 per cent for India) in the last six months.

TripAdvisor’s hotel survey also uncovered other industry insights, including accommodations’ business outlook, how they are engaging with travellers on social and mobile platforms and their plans to offer eco-friendly programs.

“Another highlight of the survey reveals that though Indian hoteliers recognize the importance of social and mobile marketing, they are slow at adopting their use to connect with current and potential customers, compared to global numbers,” Ganju added.

While Indonesia, Brazil, Russia, United States and India carried a positive outlook, New Zealand, France, Spain, Italy and Greece showed a negative outlook.

Related opportunities
  • Beauty Salons
    About Us: Hair Speak is an international-grade spa & salon brand..
    Locations looking for expansion Karnataka
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • Competitive Exam Coaching Institute
    Career Power - The best opportunity you have to become..
    Locations looking for expansion New Delhi
    Establishment year 2010
    Franchising Launch Date 2014
    Investment size Rs. 10lac - 20lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
  • Casual dine Restaurants
    About: Established in 2009, Roti Aur Boti is a concept-based QSR..
    Locations looking for expansion Delhi
    Establishment year 2009
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us:  Gol Gappa Street is an upcoming chain of India's..
    Locations looking for expansion Gujarat
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts