Project report for Resorts & Cottages
The Indian tourism and hospitality industry has significiant potential considering the rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty spread across the country. This project report for resort &cottage will explain the things in details. The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among the services sector in India. Tourism in India has significant potential considering the rich cultural and historical heritage, variety in ecology, terrains, and places of natural beauty spread across the country. Tourism is also a potentially large employment generator besides being a significant source of foreign exchange for the country. Hotels industry is one of the major sectors fueling the growth of the hospitality sector at the global level. Booming travel and tourism industry is one of the major factors fueling the demand in the hotel's industry. A research study predicts the market to rise at a steady 4.0?GR over the course of the forecast period starting from 2015 and ending in 2021. Expanding at this rate, the market, which was valued at US$534.02 bn in 2014, will likely become worth US$702.74 bn by 2021.
Product / Services & process
The proposed project is to build a resort and cottage for tourists.
Market potential & Strategy
As a result of the global financial crunch, the domestic tourism scenario in India, instead of feeling the heat has gained appreciably well. Travelers from the country these days prefer to visit destinations within the country rather than that outside or abroad. And the reason obviously seems to be the financial crunch looming large over them, forcing them to work out economically feasible travel options. Our project aims at the medium class of customers like a small group of families from Clubs, Associations, NBFCs, College Mates gathering, etc. Currently, the available rooms on the location are not sufficient to meet the demands and the tourists have to travel to distant places to find their rooms for the night stay.