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Invest in Tourism infrastructure - Hotels & Accommodation

About Tourism infrastructure - Hotels & Accommodation Sub-Sector

Unlocking India's Hospitality Potential: Invest in the Booming Hotel & Accommodation Sector.
India's Hotel industry has been on a remarkable ascent, with a commendable Compound Annual Growth Rate (CAGR) of approximately 13% over the period spanning 2018 to 2023. With the influx of foreign tourists and business delegates, the hotel industry is poised to attain a valuation of USD 14 billion by 2023. India proudly boasts around 1 million hotel rooms, designed to cater to the diverse needs of travelers. Investors are welcomed with open arms, as tourism construction projects, including hotel development, allow 100% Foreign Direct Investment (FDI) through the automatic route. The Ministry of Tourism has introduced the National Integrated Database of Hospitality Industry (NIDHI) scheme, establishing a unified repository of data for tourist accommodation units across the nation. Presently, the portal hosts a registry of 47,126 accommodation units, spanning both classified and unclassified categories. Explore the limitless investment potential within India's flourishing Tourism infrastructure - Hotels & Accommodation sector, and seize the opportunities it offers

Tourism infrastructure - Hotels & Accommodation Snapshot

  • 141 Opportunities
  • USD 5.19 bn Worth

Mode of Implementation

  • 57 To Be Finalized
  • 50 PPP
  • 27 EPC
  • 2 Pure Private
Top performing states
Tourism infrastructure - Hotels & Accommodation | Requirement

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Policies
  • Guidelines for Approval of Online Travel Aggregators (OTAs)

    The aims and objectives of the scheme for Approval of Online Travel Aggregators (OTAs) are to encourage quality standards and services in this category so as to promote tourism in India and abroad. This is a voluntary scheme open to bonafide online travel aggregators to bring them on a common platform in the organized sector.

  • Swadesh Darshan scheme

    Mission is to develop theme based tourist circuits on the principles of high tourist value, competitiveness and sustainability in an integrated manner by synnergizing efforts to focus on needs and concerns of all stakeholders to enrich tourist experience and enhance employment opportunities.

  • PRASAD-Pilgrimage Rejuvenation And Spiritual Augmentation Drive

    Mission is to identify and develop pilgrimage tourist destinations on the principles of high tourist visits, competitiveness and sustainability in an integrated manner by synnergizing efforts to focus on needs and concerns of all stakeholders to enrich religious/ spiritual tourist experience and enhance employment opportunities

  • National Tourism Policy

    Objective of the policy is positioning tourism as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner.

  • National Heritage City Development and Augmentation Yojana Drive

    The Scheme aims to preserve and revitalise soul of the heritage city to reflect the city?s unique character by encouraging aesthetically appealing, accessible, informative & secured environment. The Scheme supports development of core heritage infrastructure projects which shall include revitalization of urban infrastructure for areas around heritage assets identified / approved by the Ministry of Culture, Government of India and State Governments.

  • Constitution of National Medical & Wellness Tourism Board

    To tap the potential and advantages that India has in the field of medical and wellness tourism.