Industry News

Survey by FICCI on requirement of Hospitality Sector



Posted On : 2007-03-06 11:22:50( TIMEZONE : IST )

Survey by FICCI on requirement of Hospitality Sector

The Minister of Tourism and Culture Smt. Ambika Soni informed the Rajya Sabha today that a study on ‘Investment Opportunities in Hotel Infrastructure in India’ done for FICCI has been released in Delhi on 12th February, 2007. In a written reply she said this report states that, according to industry estimates, the country currently has a shortage of approximately 1,50,000 hotel rooms. It further states that the demand of hotel rooms is expected to grow further on a national average at approximately 10% over the next 3-4 years.

Source : Press Information Bureau

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