Indian Tourism Industry Essay Example

Indian Tourism Industry Essay Example Indian Tourism Industry Essay Indian Tourism Industry Essay Indian Tourism Industry The Indian Tourism Industry Forecast focuses on different parameters of tourism industry including: inbound tourism, outbound tourism, expenditure by inbound tourists, and medical tourism in India. It also helps clients to analyze the opportunities and factors critical to the success of tourism industry in India. In India, inbound tourist expenditure per head is third highest in the world and even more than global average tourist spending. India has been promoting its healthcare tourism by providing the visitors with private healthcare facilities. It is expected that the number of tourists visiting India for the purpose of medical treatment will reach one Million by 2012, representing a CAGR of 28. 09% from 2007. Disposable income in past (during 2001-2006) grew at a CAGR of 10. 11%, thereby driving domestic as well as outbound tourism. Room rent accounts for more than 50% of revenue earned by Indian hotel industry. Indian outbound tourist flow is expected to increase at a CAGR of 12. 79% over the five-year period spanning 2007-2011. Tourist influx to India is expected to increase at a CAGR of 22. 65% between 2007 and 2011. India’s share in global tourism is expected to reach 1. 5% by 2010. Key Issues and Facts Analyzed What is the current state of tourism industry in India? What are the emerging trends in the tourism sector in India? What is the future outlook of the tourism industry in India in terms of inbound as well as outbound tourism, and expenditure by inbound and outbound tourists? Which factors are driving the India tourism industry? Hotel industry scenario in India? Hotel industry occupancy rate and room supply by 2011 This highlights only the synopsis of the Indian tourism industry. **