Project report for Resorts & Cottages

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Introduction

The Indian tourism and hospitality industry has significant 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 the resort &cottage will explain the things in detail. 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. The hotel industry is one of the major sectors fueling the growth of the hospitality sector at the global level. The booming travel and tourism industry is one of the major factors fueling the demand in the hotel industry. A research study predicts the market to rise at a steady 4.0%GR throughout 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 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.
 

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