Carrer in Hospitality Industry

INDUSTRY CHARACTERISTICS

# High seasonality

# Labour intensive

# Fragmented

MARKET SIZE

# stood at US$ 117.7 billion (11770 crore)

# anticipated to touch US$ 418.9 billion by 2022. (4189000 crore)

# Growing at a cumulative annual growth rate of 14 per cent every year

# India currently has over 200,000 hotel rooms spread across hotel categories.

# Still facing a shortfall of over 100,000 rooms.

GLOBAL TRENDS

# LESS REAL SERVICE

# FOREVER CHANGING EMPLOYEE

# MULTIPLE BRANDS FROM THE SAME MOULD

# ACCUMULATING HOTEL NAMES

# PRICING BY GREED

#QUALITY CONSISTENCY

CAREERS IN HOTEL INDUSTRY

THERE ARE TWO AREAS OF HOTEL

# OPERATIONAL

# FUNCTIONAL

MAJOR PLAYERS

# Best Western Group of Hotels

# The Grand Intercontinental

# Taj Group of Hotels

# TheOberoi Group of Hotels

# The ITDC Ashok Group of Hotels

FUTURE & EMPLOYMENT

# Domestic hospitality sector expects 52,000 new hotel rooms to be added in 5 years (2013–17)

# leads to a rise of over 65 per cent in total hotel inventory in India.

# Additional employment of 24.5 million in the sector during 2010–16. (2.45 crore)

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