HOSPITALITYSECTOR

Presented By1) Rohan Singh2) Shreya Agrawal3) John K4) Kiransvi5) Sourav Agarwal6) Ankita7) Anshul8) Syril Thomas9) Gopinath10) Sourabh Duggar

HOSPITALITYSECTOR HOSPITALITY AT A GLANCE

HOSPITALITYSECTOR HOSPITALITY IN INDIA

IMAGE AND OUTREACH RECRUITMENT AND RETENTION TRAINING AND SKILL NEEDS MAJOR PLAYERS IN INDIA

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Series1

Foreign Tourists visiting India

HOSPITALITYSECTOR

Types Adventure tourism Rural tourism Heritage tourism Wildlife tourism Eco tourism MICE tourism

Impact of tourism

Generating Income and Employment. Preservation of National Heritage and Environment Developing Infrastructure Promoting Peace and Stability Regional Development

Touring IndiaHOSPITALITY

SECTOR

Launched in the year 2002 The campaign projected India as an attractive tourist destination. In 2008, launch of 'Atithidevo Bhava‘ campaign. In 2009, the incredible campaign was extended to domestic sector. PM Narendra Modi the new brand ambassador of Incredible India. 2007, 2008, 2009 and 2010 are the years to be remembered.

HOSPITALITYSECTOR

HOSPITALITYSECTOR OPPORTUNITIES

Hospitality industry offers a wide array of exciting job chances .

Long term career opportunities.

New emerging segments of the industry.

Hospitality industry is the third largest foreign exchange learner and accounting for 6.23% of indias GDP and 8.78% of indias total employment.

OPPORTUNITIES

HOSPITALITYSECTOR WHY TO INVEST IN THIS SECTOR?

TAX INCENTIVES

STATE INCENTIVES

INCENTIVES FROM THE MINISTRY OF TOURISM

HOSPITALITYSECTOR PESTLE ANALYSIS

POLITICAL ECONOMICAL

TECHNOLOGICALSOCIAL

ENVIRONMENTALLEGAL

Competitive Rivalry Bargaining Power of

Customers Threat of New Entrants Threat of Substitute

Product

PORTERS FIVE FORCE ANALYSIS

HOSPITALITYSECTOR

Fig: Porters Five Force AnalysisSource: TechScience Research

PORTERS FIVE FORCE ANALYSISHOSPITALITY

SECTOR

Fig: Porters Five Force AnalysisSource: TechScience Research

FDI In Hospitality SectorHOSPITALITYSECTOR

FDI has been permitted up to 100% under the automatic route

Total FDI inflow in hospitality sector between 2000 -10 amounted to USD 2.17 bn

For foreign technology agreements, automatic approval is granted if:

Up to 3% of the capital cost of the project is proposed to be paid for technical consultancy services

Up to 3% of the net turnover is payable for franchising and marketing/publicity fees

Up to 10% of gross operating profit is payable for management fees, including incentives fees

As of Dec 2010, government has given nod to single window clearance for hospitality industry

The Ministry of Tourism approves hotels at project stage based on documentation. Project approval is given to a 1, 2, 3, 4, 5 Star Hotels and Heritage Basic Category

The Hotels have to apply for classification under 5 Star Deluxe/ Heritage Classic/ Heritage Grand category if they fulfill the prescribed norms within 3 months of commencing operation

Project approval will be valid for 5 years

Foreign direct investment (FDI)

Regulatory and FDI policies in

Indian hospitality

sector

Approval of a hotel project

A tax rebate equal to 100% of the profit and gain for the first 5 consecutive years to an hotel in specified areas, if such hotel / convention centre is constructed and has started operations before 31st July, 2010

A tax rebate equal to 100% of the profit and gain for the first 5 consecutive years to an hotel located in the specified district having a World Heritage Site and has started functioning before 31st March, 2013

Finance Bill 2009, which has proposed to abolish Fringe Benefit Tax with effect from 1st April 2009 has become major advantage to the Hospitality industry

MBA, Hospitality Management Degree Salary Ranges by Job

HOSPITALITYSECTOR

1-4 yrs

5-9 yrs

10-19 yrs

0 200000 400000 600000 800000 1000000

National Salary Data

RESTAURANT MANAGERHOTEL GENERAL MANAGERCORPORATE TRAVEL DESK MANAGER  DISTRICT MANAGER, FOOD & FACILITIES MANAGEMENT SERVICESRESORT MANAGERGENERAL MANAGER, FOOD SERVICECRUISE SHIP CAPTAINSHIP OFFICERMEETING AND CONVENTION SERVICES MANAGERDIRECTOR OF EVENTSDIRECTOR OF CATERING

High Salary Careers for MBA in Hospitality Management Graduates

HOSPITALITYSECTOR

Vision 2020: What future holds for Hospitality Sector

• Faster growth of Indian Markets• Increase in RevPAR• Increase in Average Room Rates• Increasing occupancy• Domestic giants going asset light• Expansion by foreign players• Increase in demand of domestic leisure• Few branded hotel chains

HOSPITALITYSECTOR

Source:http://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/international-hotels-set-to-step-up-india-expansion-investment/articleshow/56059440.cmshttp://www.icra.in/AllTypesOfReports.aspx?ReportCategory=Hotels