NSE-listed hotel operators and travel tech platforms positioned for India's tourism boom — from luxury hotel chains expanding capacity to online booking platforms capturing rising domestic and international travel demand.
Sectors represented: Consumer Services, Construction, Information Technology
This growth was primarily driven by corporate travel, MICE (Meetings, Incentives, Conferences, and Exhibitions), weddings, and social events. Room Rates starting from the first quarter of the year. This growth was primarily driven by corporate travel, MICE (Meetings, Incentives, Conferences, and Exhibitions), weddings, and social events.
This year’s arrival denoted a recovery. of 88% of the 2019 high of 10.9 million, signalling steady progress toward full recovery. Outbound travel, on the other. hand, surged ahead, with 30.2 million Indians travelling abroad in 2024 — 12% above pre-COVID levels. h of 10.9 million, signalling steady progress toward full recovery. Outbound travel, on the other.
Premium hotel. occupancy rates are predicted to hover at 70-72% in FY24 and. FY25, with average room rates expected to reach between US$. 91. 94.06 and US$ 96.47 (Rs. 7,800-8,000) in FY25. stinations. Premium hotel. occupancy rates are predicted to hover at 70-72% in FY24 and. FY25, with average room rates expected to reach between US$. 91. 94.06 and US$ 96.47 (Rs. 7,800-8,000) in FY25.
Travelers are no longer confined to traditional. booking flows with fixed dates and destinations. New tools, including AI-powered search and. social media integrations, are enabling more. spontaneous, interest-driven planning. o traditional. booking flows with fixed dates and destinations. New tools, including AI-powered search and. social media integrations, are enabling more.
Company during FY 2023 was Rs. 2,64,408/- The median remuneration of employees during FY 2023 has increased by 36.31% as. compared to the previous financial year. iii. remuneration of employees of the. Company during FY 2023 was Rs. 2,64,408/- The median remuneration of employees during FY 2023 has increased by 36.31% as. compared to the previous financial year. iii.
Attrition rate: 4 7. nure products have been. introduced to target millennials. . Holiday Bookings through digital. channels: 83.40%. . Employee satisfaction score: 4.63. . Diversity: 20.04%. . Attrition rate: 4 7. 1 %. . Customer complaints resolved: 7,537. . Domestically sourced products: 97%. . Beneficiaries of CSR projects: 19,438. . Waste diversion rate: >96%. . 68% of our Resorts have solar.
The domestic tourism market has also shown impressive growth, with. an increasing number of Indians exploring their own country. n. exchange through tourism, marking a 65.7% year-on-year rise. The domestic tourism market has also shown impressive growth, with. an increasing number of Indians exploring their own country. This trend.
Continued momentum in domestic leisure travel, spiritual tourism, and tier-II city exploration is driving room. demand across mid-scale and upscale categories and foreign tourist arrivals are expected to approach pre- m in domestic leisure travel, spiritual tourism, and tier-II city exploration is driving room.
According to the RBI’s consumer confidence survey for April. 2024, the Current Situation Index (CSI) which is indicator. if consumers confidence in current economic situation. increased by 3.4 points to 98.5 in March 2024, reaching. its highest level since mid-2019. Consumers are notably. optimistic about the general economic situation, income,. and spending. onomic situation.
The government is also leaving no stone unturned. in supporting the tourism sector by encouraging the. development of multiple-use infrastructure including. hotels, resorts & restaurants, transport infrastructure,. and healthcare facilities. rism sector by encouraging the. development of multiple-use infrastructure including. hotels, resorts & restaurants, transport infrastructure,.