India tourism market & future forecast (2009 – 2015)

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2010 India Tourism Market and Future Forecast (2009 – 2015)

Publisher: Renub Research Published: April 2010


Report Details Renub Research 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.

Research Highlights 

International tourist arrival in India is expected to grow with a CAGR of 7.9% for the period spanning 2010-2015.

Despite economic downturn Indian outbound tourist departure has been estimated to increase by 0.87 Million in 2008.

Indian outbound tourist departure is expected to reach 20.5 Million by 2015.

In 2008, top four (4) states captures more than 75% of total market share of Indian domestic tourist visits.

Domestic tourist visits is expected to increase with a CAGR of 12.29% for the period spanning 2008-2015.

In 2008, top three (3) countries contributed 40.15% share of the total international tourist arrival in India.

Foreign Exchange Earnings growth rate has declined to single digit 9.5% in 2008 and in 2009 it further declined and shown a negative growth rate of (-3%).

Indian tourism Foreign Exchange Earnings is expected to grow with a CAGR of 7.9% for the period spanning 2010-2015.

In Indian union budget 2010 Indian government has given more than INR 1,000 Crore to Ministry of Tourism India

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In 2009 FDI investment in Indian hotel and tourism sector was more than US$ 550 Million.

The number of cruise tourist arrivals in India is expected to jump by 233.33% by 2010 from the number of cruise tourist arrivals in 2007.

Number of Buddhist tourist arrivals in India has doubled in 2009 from 2008

Budget for Incredible India campaign increased by INR 62.3 Crore for 2010-11 from previous year 2009-10.

The number of medical tourist arrivals in India is expected to increase by a CAGR of 24.6% from 2009 to 2013.

India medical tourism market is expected to be more than US$ 2 Billion by 2013.

Key Players Analyzed This section covers the key facts about the major players (tour operators, hotels and airline companies) currently operating in the Indian tourism industry. The key players analyzed in this section include: Tour Operators: Thomas Cook India Pvt. Ltd., Kuoni India Ltd., Cox & Kings India Ltd., Hotels & Resorts: Taj Hotels, The Oberoi Group, Hyatt Corporation, Flight Operators: Air India, Jet Airways Data Sources Information and data in this report has been collected from various printable and nonprintable sources like Magazines, Newspapers, Trade Journals, White papers, Online paid databases, News websites Government Agencies and Trade associations.

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Table of Contents 1.

Executive Summary

2.

Global Tourism – Overview

3.

2.1

International - Tourist Arrivals by Sub-Region

2.2

International Tourism Receipts by Sub-Region

2.3

Top Ten Countries Tourist Arrivals and Receipts

2.4

Purpose of Visit and means of Transport

2.5

International Outbound Tourism

2.6

International Tourism’s Top Spenders

2.7

By Region - Forecast of International Tourist Arrivals

India – Tourism Overview 3.1

3.1.1

International (Inbound) Tourists Arrival

3.1.2

International Tourist Arrivals Forecast

3.1.3

Outbound Tourist Departure

3.1.4

Outbound Tourist Arrivals Forecast

3.1.5

Domestic Tourist Arrivals

3.1.6

Share of Top Ten States & Union Territories of India in Number of Domestic Visits

3.1.7

Domestic Tourist Visits Forecast

3.1.8

India - Top Ten Countries for Foreign Arrivals

3.2

International Tourism Receipts

3.2.1

Foreign Exchange Earning from Tourism in India

3.2.2

Forecast for Foreign Exchange Earning

3.3

Hotel Industry

3.3.1

Hotel Industry Revenue

3.3.2

Increased Supply to Hamper Recovery

3.3.3

Investment in Hotel Industry

3.4

4.

Tourist Arrivals

India - Medical Tourism

3.4.1

Medical Tourist Arrivals

3.4.2

Medical Tourism Market

Industry Drivers 4.1

Government Infrastructure Support in Union Budget

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5.

6.

4.2

Growing FDI in Hotel & Tourism Sector

4.3

Commonwealth Games 2010 in Delhi Boon for Tourism Sector

4.4

Cruise Tourism - An Unexplored Area

4.5

Buddhist Tourism – An Emerging Opportunity

4.5.1

Buddhist Tourist Arrival in India

4.5.2

Buddhist Tourists Arrival from Various Countries

4.5.3

Infrastructure Development of Buddhist Circuits

4.6

Increase in Advertisement Budget of “Incredible India” Campaign

4.7

Special Initiatives

4.8

Rail Tourism

Challenges – Affecting Indian Tourism Sector 5.1

Soaring Real Estate Prices & High Operating Costs

5.2

Law & Order and Common Program

5.3

Degrading Infrastructure Facilities & Shortage of Hotel Rooms

Key Players 6.1

Tour Operators

6.1.1

Kuoni India Ltd

6.1.2

Thomas Cook India Pvt. Ltd

6.1.3

Cox & Kings India Ltd

6.2

Hotels & Resort

6.2.1

Taj Hotels Resorts & Palaces

6.2.2

The Oberoi Group

6.2.3

Hyatt Corporation

6.3

Airline Companies

6.3.1

Air India

6.3.2

Jet Airways

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