Subscribe to The Hospitality Knowledge & Career E-Mag |www.hospemag.com by Email
Click here to make money from your cellphone>
-70% of the total foreign travellers to the NCR are business travellers.
- the total room inventory across the NCR is approximately 11,000 rooms.
63% of the rooms are in the 5-star Deluxe and 5-star category,
15% are in the 4-star category
22% in the budget segment.
- Two hotels The Ramada Plaza, with a room inventory of 445 rooms, and The IBIS Hotel, with a room inventory of 217 rooms, became operational during 2008.
- During the early part of 2009, the Claridges Group is expected to introduce an additional supply of 240 rooms in the 4-star category in SurajKund.
- ARR in the region has gradually increased from Rs.5,000 in FY 2004-05 to Rs.7,500 in FY 2006-07. As on the third quarter of 2008, the ARR was is approximately Rs.10,500.
- Room revenue contributes almost 60% of the total revenue generated in the hotels while the Meetings, Incentives, Exhibitions and Conferences (MICE) segment accounts for approximately 15% of total revenue.
- expected to witness an additional supply of close to 3,500 rooms in the 5-star Deluxe and 5-star category. Brands like The Crowne Plaza, Radisson, Indus Group and the Taj Group will all contribute towards the total supply.
see the complete report at
http://www.hospemag.com/2009/02/reports-india-hotel-market-review-2008.html