Thursday 17 May 2012

Hospitality Industry

The Hospitality industry in India is slated for an explosion. The current share of India in world tourism is estimated to be only 0.49%. The tourism industry in India employs, directly or indirectly, only 50 lakh people – and the industry is estimated to be growing at an ever increasing pace of 10% to 12% every year. Research also shows that the average stay of a foreign guest, in India is 31.2 days which is also slated to grow as India’s knowledge based economy emerges. The growth in manpower requirement in hospitality industry is expected to rise by 127% by 2016.

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