The Tourism employment in Accommodation segment in India, registered a value of USD 1,150.33 million in 2021
The indicator recorded a historical growth (CAGR) of 0.22% between 2018 to 2021, and is expected to grow by ...
GlobalData projects the indicator to grow ...
Tourism employment in the Accommodation segment in India experienced very significant growth in 2021.
The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries, casinos, and the gaming market.
The hotels & motels industry value consists of room revenue and non-room revenue, including casinos, shops, and telecommunication services.
Accommodation prices benefit the Indian industry
The Indian industry benefits from its rich cultural resources and price competitiveness, regarding accommodation prices and purchasing parity, but lacks infrastructure.
Who are the leading players in the accommodation segment?
Goibibo is India’s leading online travel booking brand, providing a range of choices for hotels, flights, trains, buses, and cars for travelers. Through stays, the company’s customers can enjoy a standardized stay experience at certified hotel properties.
MakeMyTrip Limited is an Indian online travel company. The company operates through its online brands including MakeMyTrip.com, goibio.com, Quest2Travel, and redbus. in. Through these platforms, it offers air tickets, hotel accommodation, bus tickets, rail tickets, travel packages, car hire, and other travel requirements such as access to visa processing and travel insurance. MakeMyTrip provides access to all major domestic full-service and low-cost airlines operating in India. Its major customers include leisure travelers and small businesses. The company offers its services through a wide range of distribution channels including websites, call centers, airport counters, travel stores, travel agents’ networks in India, and mobile service platforms. The company operates in the US, Singapore, Columbia, India, Indonesia, Thailand, Peru, Hong Kong, and Malaysia. MakeMyTrip is headquartered in Gurugram, Haryana, India.
Expedia Group Inc is one of the largest travel intermediaries in India. The company is based in Bellevue, Washington, the US, and is an online travel company. It provides a wide range of services, which include the booking of hotel rooms, airline seats, car rentals, and destination services through its travel suppliers.
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