Saturday, October 17, 2009

Research and Markets: By 2020, The Government Of India Expects Travel And Tourism To Contribute Rs8,500 Billion To GDP, Almost Four Times The Value In

Markets(http://www.researchandmarkets.com/research/a1dcae/travel_and_tourism)
has announced the addition of the "Travel and Tourism in India" report to their
offering.

The Travel and Tourism in India report offers a comprehensive guide to the size
and shape of the market at a national level. It provides the latest market size
data (2002-2007), allowing you to identify the sectors driving growth. It
identifies the leading companies and offers strategic analysis of key factors
influencing the market - be they new legislative, technology or pricing issues.
Background information on disposable income, annual leave and holiday taking
habits is also included. Forecasts to 2012 illustrate how the market is set to
change.

Sector coverage: travel accommodation, transportation, car rental, retail travel
and tourist attraction markets

Why buy this report?

* Get a detailed picture of the travel and tourism industry;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market's major players and leading
brands;
* Use five-year forecasts to assess how the market is predicted to develop.

Outlook well on way to growth

By 2020, the government of India expects travel and tourism to contribute
Rs8,500 billion to GDP, almost four times the value in 2005. With successive
governments committed to reform, a strong manufacturing sector and a private
sector that already has a critical mass that is needed to drive growth, it is
unlikely that the strong growth in GDP is likely to be reversed. The rising
middle class is also becoming increasingly affluent, mobile, Internet savvy and
more sophisticated in terms of what is demanded in terms of tourism products and
services, and more importantly the price they are willing to pay for it.

A boom is expected in travel accommodation, as more serviced apartments, budget
hotels (2-star category) and highway motels are established.

Significant changes are expected in travel retail, with the arrival of more
international players, such as Le Passage and Cox & Kings, particularly in
outbound travel. British company Cox & Kings plans to relocate its corporate
headquarters from London to Mumbai as a result of its being bought out by its
Indian arm in late 2005. Global interest also includes the American millionaire
Alfred Ford with plans to set up a Himalayan ski resort. Internet intermediaries
are expected to expand significantly and grow the market without significantly
adding to volume growth. Rural tourism and medical tourism for inbound tourists
will also give rise to new products and services in this sector.

Until recently, not much emphasis had been given to the maintenance and
development of the historical and heritage sites in India, which resulted in a
large number of tourists staying away from these. However, the Indian
government's increasing investment in the upgrading and modernisation of
infrastructure will translate into better facilities, amenities and access to
the leading tourist attractions and sites.

Key Topics Covered:

* Executive Summary
* Tourism Hit Due by Economic Meltdown and Mumbai Terror Attacks
* Government and Ministry of Tourism Respond Speedily To Revive Tourism
* Stiffer Competition Due To Dwindling Demand Puts Players Under Pressure
* Internet Share of Sales Remains Small But Growing
* Challenging Times in the Interim But Long Term Prospects Promising
* Key Trends and Developments
* Economic Indicators
* Liberalised Legislation Supports Growth of Tourism
* Sustainable Tourism
* Consumer Lifestyles
* Low Cost Carriers
* Emerging Niche Sectors
* Internet Developments
* Terrorism and Security
* Leave Entitlement
* Consumer Demographics
* Balance of Payments
* Market Indicators

List of Tables

* Table 1 Leave Entitlement: Volume 2005-2008
* Table 2 Holiday Demographic Trends 2003-2008
* Table 3 Holiday Takers by Sex 2003-2008
* Table 4 Holiday Takers by Age 2003-2008
* Table 5 Length of Domestic Trips: 2003-2008
* Table 6 Length of Outbound Departure: 2003-2008
* Table 7 Seasonality of Trips 2005-2008
* Table 8 Balance of Tourism Payments: Value 2003-2008
* Table 10 Arrivals by Country of Origin: 2003-2008
* Table 11 Leisure Arrivals by Type 2005-2008
* Table 12 Business Arrivals: MICE Penetration 2005-2008
* Table 13 Arrivals by Method of Transport: 2003-2008
* Table 14 Arrivals by Purpose of Visit: 2003-2008
* Table 15 Incoming Tourist Receipts by Country: Value 2003-2008
* Table 16 Tourism Expenditure by Sector: Value 2003-2008
* Table 17 Method of Payments for Incoming Tourist Receipts: % Breakdown
2005-2008
* Table 18 Forecast Arrivals by Country of Origin: 2008-2013
* Table 19 Forecast Arrivals by Method of Transport: 2008-2013
* Table 20 Forecast Arrivals by Purpose of Visit: 2008-2013
* Table 21 Forecast Incoming Tourist Receipts by Country: Value 2008-2013
* Table 22 Departures by Destination: 2003-2008
* Table 23 Leisure Departures by Type 2005-2008
* Table 24 Business Departures: MICE Penetration % Breakdown 2005-2008
* Table 25 Departures by Method of Transport: 2003-2008
* Table 26 Departures by Purpose of Visit: 2003-2008
* Table 27 Outgoing Tourist Expenditure by Country: Value 2003-2008
* Table 28 Outgoing Tourist Expenditure by Sector: Value 2003-2008
* Table 29 Method of Payments for Outgoing Tourism Spending: % Breakdown
2005-2008
* Table 30 Forecast Departures by Destination: 2008-2013

Companies Mentioned:

* SpiceJet Ltd
* Thomas Cook India Ltd
* Jet Airways (India) Ltd
* MakemyTrip.com
* Indian Hotels Company Ltd

For more information visit
http://www.researchandmarkets.com/research/a1dcae/travel_and_tourism

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