REPORTS OF SURVEYS, RESEARCH, ANALYSIS, WHITE PAPERS, RESEARCH PAPERS OF INDIAN HOSPITALITY INDUSTRY, FOOD & BEVERAGE INDUSTRY, TRAVEL & TOURISM INUSTRY, AVAIATION INDUSTRY
- Available Survey Report and suggestions on: New Needs in a Hotel Room By Ashis Dutta - Director at CCE Software (P) Ltd.
Hospitality and Tourism: Research, Consulting, Training in Hospitality and Tourism. Research papers published in European Union Conference, Romania, Indian Hospitality Congress and (recently accepted) in the International Colloquium on Tourism and Leisure, Bangkok, Thailand
- Indian Hotel Industry Survey 2009-10 - By Manav Thadani and Inshita Wij. (Dated Dec 22, 2010)
The survey, representing 1,200 hotels in various cities across different star categories in India, presents key statistics for the industry. It provides information about financial performance, marketing media usage patterns, guest segmentation etc.
- Bed and Breakfast Inns Published By: First Research, Inc. (Dated: December 2010) Page Count: 10
- Hotels in India - Trends and Opportunities 2010 By Manav Thadani and Tapan Srivastava. (Dated Oct 4, 2010)
This annual publication highlights the current trends and future opportunities for the hospitality industry across major cities in India.
- The 2010 Travel & Tourism Market Research Handbook By Richard K. Miller & Associates. (Dated May 2010)
This is the eleventh edition of the Travel & Tourism Market Research Handbook. This market research handbook is designed to be a strategic business planning resource for executives in all travel and tourism organizations. Previous editions were purchased by virtually all state travel offices, most convention and visitor bureaus, and dozens of corporations in all sectors of the travel and tourism business, making this the best-selling publication of its kind.
With thorough and in-depth assessment of the travel market, this report covers such key topics as air travel, business travel, car rental agencies, casinos, cruises, cultural and heritage tourism, fairs and festivals, hotels and resorts, leisure & family travel, nightlife, parks, recreational activities, seasonal travel, spas, spectator sports, theme parks, traveller shopping, and more.
The handbook presents visitor and expenditure statistics for major cities and tourist destinations based on RKMA survey data.
- India Hotel Valuation Index (HVI) 2010 By Kaushik Vardharajan and Megha Tuli. (Dated April 2, 2010)
The HVI is a valuation benchmark developed by HVS. It presents historical, and for the first time in India, future value trends for 11 major markets in India. The HVI aims to answer the question of what a hotel is worth in these cities.
- India Tourism Market & Future Forecast (2009 - 2015) By Renub Research. (Dated April 2010) Pages: 59
This report titled "India Tourism Market & Future Forecast (2009 - 2015)" report provides a detailed analysis of the present and future prospects of the Indian tourism industry. The report has been researched at source Globally and India specific, and features latest-available data covering Global tourist arrival and receipts, Global International and Outbound tourism, Top 10 spenders globally, Inbound and Outbound tourist arrivals and expenditure in India, Domestic tourist visits and expenditure in India, Foreign Direct Investment (FDI) in hotel and tourism sector from 2005 to 2009. Hotel industry income and revenue, Global and India - Inbound, Outbound tourist arrival and expenditure forecast till 2015, Buddhist tourism growth trends, Trends and regulatory changes, changes, Challenges affecting the Indian tourism sector.
- Project Report on Hospitality Industry in India By Final Year Projects. (Dated Feb 28, 2010)
- Indian Hotel Industry Survey 2008-09 By Panchali Mahendra Singh, Shamsher Singh Mann and Manav Thadani. (Dated Dec 14, 2009)
Commissioned by the FHRAI, the annual Indian Hotel Industry Survey brings together industry's key statistics. The survey presents a study of 1,168 hotels across various cities in India.
- Critical Issues Facing Indian Hospitality - An HVS White Paper By Saurabh Gupta and Manav Thadani. (Dated Jan 12, 2009)
HVS's idea through this white paper is to stimulate discussions with key decision makers, the state and central governments, boardrooms, corridors of power, seminars and conferences.
- Hotels in India - Trends and Opportunities By Manav Thadani. (Dated Nov 1, 2008)
This publication highlights the current trends and future opportunities for the hotel industry in India.
- Indian Hotel Industry, 2008 By CYGNUS Business Consulting & Research. (Dated Oct 2008) Pages: 133
The report starts with the global hotel industry to give a perspective of the Indian hotel industry in the global context. The report covers hotels industry structure, trends in growth of industry turnover, major players, regulations, demand-supply scenario, growth drivers, issues and challenges, critical success factors and foreign direct investment trends from Indian perspective. It also gives a glimpse of proposed investments by domestic and foreign players in the hotel industry of India. The report also covers various emerging concepts in India such as service apartments, spas, medical tourism, wildlife resorts, cruise tourism, adventure tourism etc. An analysis of the industry performance is made on critical business parameters like occupancy rates, revenue per available room (RevPAR) and average room rates (ARR) and comparisons have been made with global trends. The report also analyses the performance of the industry across major markets, and profiles the major players in the industry.
- Indian Tourism Industry Analysis By RNCOS E-Services Private Limited. (Dated June 2008) Pages: 65
The report ''Indian Tourism Industry Analysis" provides an insight into the Indian tourism market. It evaluates the past, present and future scenario of the Indian tourism market and discusses the key factors which are making India a potential tourism destination. With focuses on different parameters of tourism industry, including inbound tourism, outbound tourism, expenditure by inbound tourists, medical tourism, and hotel industry, the report gives a thorough analysis on the tourism industry in India.
According to the report, India represents one of the most potential tourism markets in the world. It has expanded rapidly over the past few years and underpinned by the government support, rising income level and various international sports events, the Indian tourism industry will continue to grow at the fastest pace in the coming years. However, the industry may have to cope up with several challenges which will limit its growth.
=> Facts and Figures of Indian Hospitality
- The Hospitality industry is the third-largest foreign exchange earner, accounting for 6.23% of India’s GDP and 8.78% of India’s total employment, according to a report by the Planning Commission.
- Tourism in India is the largest service industry. The travel and tourism sector currently employs 49 million people, or 1 in every 10 jobs, and this is projected to increase to 58 million, or 1 in every 9.6 jobs by 2020.
- Travel and tourism is a USD 32.7 billion business in India, according to industry estimates; in addition, the hospitality sector is sized at USD 23 billion and is expected to grow to US$ 36 billion by 2018.
- It is expected that the hospitality sector will witness an inflow of USD 12.17 billion in investments over the next two years, according to market research company Technopak Advisors.
- According to the Planning Commission, the hospitality sector creates more jobs per million rupees of investment than any other sector of the economy. The World Travel & Tourism Council (WTTC), which says India’s travel and tourism sector is expected to be the second-largest employer in the world, employing 40,37,000 people, directly or indirectly, by 2019.
- The Indian hotel industry is likely to witness a revenue growth of about seven per cent in 2012-13, according to a study by rating agency ICRA.
- Foreign Tourist Arrivals (FTAs) to India increased from 5.17 million in FY09 to 5.78 million in FY10, thereby resulting in a increase of 11.8% YoY. It was better than UNWTO's projected growth rate of 5% to 6% for the world in 2010.
* The share of India in international tourist arrivals in 2010 was 0.61%, which is 0.02% improvement over 2009. India's rank improved to 40th in 2010, from 41st in
* FTAs during the period January-June 2011 were 29.19 lakh with a growth of 10.9 per cent, as compared to the FTAs of 26.32 lakh with a growth of 8.9 per cent during January-June 2010 over the corresponding period of 2009.
* FEE from Tourism in INR terms during January-June 2011 were INR 351.6 billion with a growth of 12.1 per cent, as compared to the FEE of INR 313.7 billion with a growth of 27.1 per cent during January-June 2010 over the corresponding period of 2009.
* FEE from Tourism in terms of US$ during January-June 2011 were US$ 7.8 billion with a growth of 14.2 per cent, as compared to US$ 6.8 billion with a growth of 36.6 per cent during January-June 2010 over the corresponding period of 2009.
* Tourism continues to play an important role as a foreign exchange earner for the country. In 2010, foreign exchange earnings (FEE) from tourism were US$ 14.19 billion as compared to US$ 11.39 billion in 2009, registering a growth of 24.6%.
* FEE from Tourism in INR terms during 2010 were INR 648.8 billion as compared to INR 549.6 billion during 2009 and INR 507.3 billion during 2008. FEE from tourism in US$ terms during 2010 were US$ 14.2 billion as compared to US$ 11.4 billion during 2009 and US$ 11.7 billion during 2008.
* Number of domestic tourist visits in India during 2010 was 740.21 million as compared to 668.80 million in 2009, with a growth rate of 18.8 %.
* Number of Indian national departures from India during 2010 was 12.99 million as
compared to 11.07 million in 2009, registering a growth rate of 17.4%.
- According to the latest Tourism Satellite Accounting (TSA) research, released by the World Travel and Tourism Council (WTTC), the demand for travel and tourism in India is expected to grow by 8.2 % between 2010 and 2019. This will place India at the third position in the world. India's travel and tourism sector is expected to be the second largest employer in the world. Capital investment in India's travel and tourism sector is expected to grow at 8.8 % between 2010 and 2019. The report forecasts India to get more capital investment in the travel and tourism sector and is projected to become the fifth fastest growing business travel destination from 2010 through 2020.
- According to World Travel and Tourism Council, India will be a tourism hot-spot from 2009-2018, having the highest 10-year growth potential. The Tourism sector is expected to contribute around INR 3,414.8 billion (US$ 77.0 billion*) by 2021, according to a report by the World Travel and Tourism Council (WTTC).
- India has been ranked the "best country brand for value-for-money" in the Country Brand Index (CBI) survey conducted by Future Brand, a leading global brand consultancy. India also claimed the second place in CBI's "best country brand for history", as well as appears among the top 5 in the best country brand for authenticity and art & culture, and the fourth best new country for business. India made it to the list of "rising stars" or the countries that are likely to become major tourist destinations in the next five years, led by the United Arab Emirates, China, and Vietnam. [www.ibef.org/industry/tourismhospitality.aspx]
- According to the Tourism Satellite Accounting (TSA) research, released by World Travel and Tourism Council (WTTC) and its strategic partner Oxford Economics in 2011:
* India is expected to attract 6,179,000 international tourist (overnight visitor) arrivals in 2011, generating INR 678.6 billion (US$ 15.3 billion) in visitor exports (foreign visitor spending, including spending on transportation). By 2021, international tourist arrivals are forecast to total 11,149,000, an increase of 6.1 per cent pa generating expenditure of INR 1,344.7 billion (US$ 30.3 billion*).
* The direct contribution of Travel & Tourism to GDP is expected to be INR 1,570.5 billion (US$ 35.4 billion) (1.9 per cent of total GDP) in 2011, rising by 8.1 per cent per annum (pa) to INR 3,414.8 billion (US$ 77.0 billion*) (2.0 per cent) in 2021.
* The total contribution of Travel & Tourism to GDP, including its wider economic impacts, is forecast to rise by 8.8 per cent pa from INR 3,680.4 billion (US$ 83.0 billion) (4.5 per cent of GDP) in 2011 to INR 8,523.1 billion (US$ 191.2 billion*) (4.9 per cent) by 2021.
* The Travel & Tourism sector is expected to attract capital investment of INR 1,233.0 billion (US$ 27.8 billion), rising by 8.7 per cent pa to INR 2,827.5 billion (US$ 63.7 billion). This means that the sector's share of total national investment will increase from 4.7 per cent in 2011 to 4.8 per cent in 2021.
* The TSA research also states that the Travel & Tourism sector is expected to support directly 24,931,000 jobs (5.0 per cent of total employment) in 2011, rising by 2.0 per cent pa to 30,439,000 jobs (5.2 per cent) by 2021.
- The World Travel and Trade Council, figures indicate that the Indian tourism demand is expected to grow at 8.8% from 2007-2016. According to the World Travel and Tourism Council, revenue from foreigners traveling to India is expected to grow to US424 billion by 2015. Indians traveling in India as well as abroad are expected to spend US$63 billion by 2015.
- The country has the potential to become a major global tourist destination, with the Tourism sector expected to contribute around INR 3,414.8 billion (US$ 77.0 billion*) by 2021, according to a report by the World Travel and Tourism Council (WTTC).
- As per the Travel and Tourism Competitiveness Report 2011 by the World Economic Forum, India is ranked 12th in the Asia Pacific region and 68th overall, on the list of the world's attractive destinations. It is ranked the 14th best tourist destination for its natural resources and 24th for its cultural resources, with many World Heritage sites, both natural and cultural, rich fauna, and strong creative industries in the country. India also bagged 37th rank for its air transport network. The India travel and tourism industry ranked 5th in the long-term (10-year) growth and is expected to be the second largest employer in the world by 2019.
- According to World Travel Tourism Council (WTTC), the investment made in this sector in 2011 was Rs.1,254 billion, approximately 5.1% of the total investment in the country and is expected to rise to 12.3% by the end of 2012.
- To encourage the tourism sector, the government in recent times, has taken some measures which will benefit the sector. In FY09, Rs.5.2 bn for development of tourism infrastructure was allocated. This figure is higher by Rs.970 m as compared what was allocated in the previous year. However, it is only 1% of the total government spending. RBI has allowed ECB upto US$ 100 m in January 2009, which would help in raising funds. The Centre and States are also working out a PPP (Public-Private-Partnership) model to increase hotel capacity.
- The tourism sector is expected to generate around US$42.8 billion (INR 1,897.7 billion) by 2017, according to an industry research note by auditing and consulting firm Deloitte Touche.
- The Tourism and the Hospitality sector generated a total of US$ 2,468.39 billion (INR 1,094,48.4 billion) in Foreign Direct Investment (FDI) during April 2000-April 2011, according to the Department of Industrial Policy and Promotion (DIPP).
- The Indian Hospitality industry contributes around 2.2 per cent of India's GDP. The industry is expected to reach INR 230 billion (US$ 5.2 billion*) by 2015, growing at a robust CAGR of 12.2 per cent. India will be investing around INR 448 billion (US$ 10.1 billion*) in the hospitality industry in the next five years, according to a report 'The Indian Hotel Industry Report - 2011 Edition' by CYGNUS Business Consulting & Research Firm. In the next two years, a total investment of US$ 12.2 billion (INR 545.2 billion*) is expected that will add over 20 new international brands in the hospitality sector.
- The who's who of the world of international fund companies - Blackstone, Morgan Stanley, Walton Street Capital, Starwood Capital, Merrill Lynch, Westbridge Capital, Lehman Brother are looking to invest in the hospitality sector.
- Around 500 million domestic tourists are projected
to travel across India by 2010 compared to around
325 million in 2006 and growing at over 10%
- India's hospitality sector is expected to see an estimated investment of
US$11.41 billion in the next two years, and around 40 international hotel brands making their presence in the country by 2011, according to a report by Ma Foi Management Consultants. Moreover, the sector is expected to provide over 400,000
- In India, the industry supports 48 million
jobs, directly or indirectly or 8.27 per cent
of total employment and accounts for 5.83 percent
of the GDP, according to Department of Tourism
- According to an HVS International report average employee to room ratio is 1:8 in Indian hotels across all markets and drops to 1:5 for three star category of hotels. The report also states that the hotel sector would need a fresh workforce of atleast 94,000 by 2010-11.
- India currently has over 200,000 hotel rooms spread across hotel categories and guest-houses and is still facing a shortfall of over 100,000 rooms (source: FHRAI).
The country is witnessing an unprecedented growth in hotel constructions and will be adding almost 114,000 hotel guest rooms to its inventory over the next five years. (source: HVS)
- In the FHRAI’s memorandum presented
to the government recently, it is said that
atleast 1,50,000 additional rooms are required
to meet the target of 5 million foreign tourist
arrivals. This entails an investment to the
tune of over Rs.15,000 crore. Currently there
are 1,05,000 hotel rooms in the three to five-star
category in India. The annual growth rate of
hotel rooms in India is 6%. Nearly 11 per cent of the
hotel demand in the country is from long stay guests.
- To set up a 5-star deluxe hotel with 250-300
rooms will cost approximately Rs.300 crore,
excluding the land cost. As per estimates by
hospitality consultancy HVS International, around
150 hotel projects are in the works across the
country, which are likely to add around 53,000
rooms over the next five years.
- There are about 1,285 approved budget hotels
across the country with about 51,000 rooms apart
from guesthouses, dharamshalas and devasthans
in the unapproved sector. The footprints of the IT and ITES in Tier 2 cities like Indore, Jaipur, Agra, et al, have played a role in driving the demand for budget hotels in these cities.
- The tourism ministry has proposed a cash subsidy
of Rs.2 lakh per room for one-star category
and Rs.3 lakh per room for two and three star
category hotels to facilitate their growth.
According to Federation of Hotel and Restaurant
Association of India (FHRAI), the country is
short of 65,000 budget category rooms.
- Average Room Rate (ARR) of hotels in India
is increasing at the rate of over 20%- almost
equal to that of hotels in developed countries
such as Europe and the US. The growth in ARRs
is a direct fallout of the shortage of five-star
accomodation in India and high demand generated
by the booming economy. This shortage has stimulated
investments in the hotel industry.
- Most of the five-star hotels are witnessing
an average room occupancy rate of over 80%.
- For every room constructed, 3-5 jobs are created.
The World Travel and Tourism Council has estimated
that by 2010, tourism can support 25 million
jobs ( 1 in every 15 ) in India through 8% annual
- For every rupee that goes into building a hotel, three more are spent on furnishing it. More than 27000 items go into a hotel including building material, chandeliers, glassware, furnishings, energy saving devices etc., and at present 90% of hotel accessories are indigenously produced in India. So the domestic accessories sector stands a good chance in the near future.
- The average duration of stay of a foreign tourist in India is one of the highest in the world. On an average, it exceeds 27 days in the case of non-package tourist & is 14 days
in the case of package tourist.
- Wedding tourism is growing almost 100% on
a year-on-year basis. Generally, the ratio of
foreigners to Indians in an NRI wedding is 7:3.
On an average, an NRI wedding organised in India
costs Rs.50 lakh. On an average, 50-150 rooms
are booked in a star category hotel.
- Cruise shipping is growing globally at the rate of 12-15% annually. In India the cruise market is in excess of 1,25,000 guests annually and will grow at over 10% annually.
- 22 Institutes of Hotel Management being operated
as Centres of Excellence for providing hospitality
manpower. The government plans to set up four
Indian Institutes of Hotel Management in Uttaranchal,
Jharkhand, Chattisgarh and Haryana. To provide
training in the area of tourism, the tourism
ministry will also start 400 training programmes.
Estimates indicate a need for about 15,000 more
trained persons in the star category hotels,
which includes about 2,700 managers, 2,500 supervisors
and about 1,000 staff.
- Online travel industry is growing at a CAGR
of 125%. Generating revenues of around $300-500
million, the size of this industry is around
2% of the entire travel industry, which is estimated
to be $42 billion. Growing at the current rate
the online travel industry in India is expected
to become a $2 billion industry by 2008.
International Recognition: India's booming tourism sector has not only witnessed international investments but also achieved international
accolades with its increasing appeal as the leading global tourist destination. The government has been instrumental in making tourism a priority sector. Its efforts have borne fruits with a series of
international recognition and awards.
- India has been elected to head the UN World Tourism Organisation (UNWTO), the highest policy
making world tourism body represented by 150 countries.
- The world's leading travel and tourism journal, Conde Nast Traveller, has ranked India as the
'numero uno' travel destination in the world.
- India was adjudged Asia's leading destination at the regional World Travel Awards (WTA).
- India's Taj Mahal continues to figure in the Seven Wonders of the World.
- Bangalore-based Leela Palace Kempinski was voted the favourite business hotel in the world in a
Readers' Choice Awards by Conde Nast Traveller in 2007.
- India bagged the World's leading Destination Marketing Award for the Incredible India campaign.
Government Initiatives: To unlock the huge potential in this sector, the government has taken various initiatives for the development of this sector.
- Launch of Incredible India campaign to promote tourism both in domestic and international markets.
- Guidelines issued for classification of Apartment Hotels / Timeshare Resorts / Guest Houses and Bed & Breakfast establishments. Railways have planned to set up 100 budget hotels at various stations along with private hospitality players. Recognition of spare rooms available with various house owners by classifying these facilities as "Incredible India Bed and Breakfast Establishments"', under 'Gold' or 'Silver' category.
- Other Initiatives by the Ministry of Tourism:- Paradigm shift towards Rural Tourism / Agri Tourism, Eco-Tourism; Medical Tourism launched as a new product.
- The Government has launched a Scheme of 'Visa on Arrival' (VoA) from January 2010 for citizens of five countries, viz. Finland, Japan, Luxembourg, New Zealand and Singapore, visiting India for tourism purposes. The Government has now extended this Scheme for the citizens of six more countries, namely Cambodia, Indonesia, Vietnam, Philippines, Laos and Myanmar from January 2011. During the period January-June 2011, a cumulative figure of 5774 VoAs were issued, with a total of 865 & 770 VoAs issued in the months of May & June respectively.
- As per the press release by Press Information Bureau (PIB) dated November 15, 2010, the Union Ministry of Tourism has included Medical Tourism under the Marketing Development Assistance (MDA) Scheme. The Ministry of Tourism has sanctioned US$ 27,742 as MDA to 10 Medical Tourism Service Providers during current year.
- As per a market research report 'Booming Medical Tourism in India' by RNCOS, India's share in the global medical tourism industry will reach around 3 per cent by the end of 2013. Moreover, medical tourism is expected to generate revenue worth US$ 3 billion by 2013, growing at a CAGR of around 26 per cent during 2011-2013. The number of medical tourists is anticipated to grow at a CAGR of over 19 per cent during the forecast period to reach 1.3 million by 2013.
Domestic medical tourism in the country has also seen growth in the recent years. As per the report 'Domestic Tourism in India, 2008-09' released by the National Sample Survey Office (NSSO), trips for 'health and medical' purposes formed 7 per cent of overnight trips in the rural population and about 3.5 per cent in the urban population. 'Health and medical' purposes accounted for 17 per cent of same-day trips in rural India and 8 per cent in urban India. Expenditure on medical trips accounted for 30 per cent of all overnight trip expenditure for rural India and 15 per cent for urban
- According to a report by FICCI and Ernst & Young, medical tourism industry, currently pegged at $450m, has the potential to grow into a $2.2bn (Rs.10,000 crore) industry by 2012. According to a study by McKinsey and the Confederation of Indian Industry (CII), medical tourism in India could become a US$ 2 billion industry by 2012 (from US$ 350 million in 2006). An estimated 1.75 lakh medical tourists visited India in 2005 for cardiac care, cosmetic surgery, joint replacements and dentistry, about 30% more than 2004. Inbound medical tourism is expected to contribute about 15% of corporate hospitals total earnings by 2009.
Another initiative in the pipeline is industry body CII’s partnership with 29 hospitals across 16 states to work out a price band for speciality services in cardiology, orthopaedics, oncology and minimally invasive surgery. The healthcare industry is working closely with the tourism ministry, which will incorporate these packages under its ‘Incredible India’ campaign tp promote medical tourism in overseas markets.
Currently 5 hospitals in the country have got National Accreditation Board for Hospitals and Healthcare Providers (NABH) accreditation. 15 more hospitals are expected to be accredited in one year. 32 hospitals have applied for the accreditation with the NABH and many are expected to follow. International Society for Quality in Healthcare (ISQua) - an international body that certifies quality of healthcare delivery, recognises the NABH accreditation is of the highest global standards.
A new category of visa, "Medical Visa" ('M'-Visa), has been introduced which can be given to foreign tourists coming into India for medical tourism.
- Eco-tourism - The government is considering
various fiscal and policy measures to promote
ecological and adventure tourism in the country
including formulating uniform ecological guidelines
to conserve nature and waiver of service tax
charged on adventure tours.
- Ministry of Tourism has tied up with United Nations Development Programme (UNDP) to promote rural tourism. 15 key tourist destinations/circuits being developed to world class standards and identified 50 villages for exposition of handicrafts and handloom.
- A maximum amount of Rs.50 lakh is sanctioned for each rural tourism project under the Rural Tourism Infrastructure Development scheme for development of tourism related infrastructure.
- The Ministry of Tourism has launched a scheme for development of nationally and internationally important destinations and circuits through Mega Projects. As on 4.2.2011, 38 mega projects have been identified, out of which 26 projects have already been sanctioned.
- The United Nations Educational Social and Cultural Organization have declared 16 centrally protected monuments : Ajanta, Ellora, Elephanta Caves, Agra Fort, Taj Mahal, Fatehpur Sikri, the Sun Temple at Konark, the Churches and Convents of Goa, Khajuraho, the Buddhist monuments of Sanchi, Humayun's Tomb, Qutab Minar, Hampi monuments, Pattadakal monuments, Brihadisvara temple and the Mahabalipuram monuments as world heritage sites.
- The Ministry of Tourism has sanctioned 781 projects in 34 States / Union Territories (UTs) in the country amounting to US$ 511.82 million during the last three years up to June 2010, as per a press release dated October 18, 2010.
- During the 11th Five Year Plan, (as on 31.12.2010) Ministry of Tourism has sanctioned, an amount
of Rs.3112.71 crore for 991 tourism infrastructure projects, including Rural Tourism and Human
Resource Development projects.
- 924 Infrastructure projects worth Rs.1440.86 crore sanctioned during the 10th Plan. The government has already okayed plans to substantially upgrade 28 regional airports in smaller towns. The upgradation of national highways connecting various parts of India has opened up the way for the development of budget hotels in India.
- Focus on Buddist Circuit through infrastructure upgradtion of Buddist Circuits and "Walk with the Buddha" Campaign. The Tourism Ministry has identified 62 centres of Buddhist interest for development.
- Tourism revival in J&K through a special tourism package. Focus on North East as India's tourism gateway to the East.
- Tourism ministry has proposed to declare a conditional 10-year tax holiday for all tourism projects in the country. Companies would enjoy full tax exemption up to 50% of the profits, but to enjoy tax benefits for balance amount they would be required to re-invest that part of the profits in tourism projects.
- According to the Consolidated FDI Policy, released by DIPP, Ministry of Commerce and Industry, Government of India, the government has allowed 100 per cent foreign investment under the automatic route in the hotel and tourism related industry. And with the relaxation of FDI restrictions on the real estate sector the hospitality industry has registered an increase in investments.
- Social awareness among Service Providers and capacity building of Taxi Drivers and Guides through "Atithi Devo Bhavah" Campaign.