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Competitive Advantage Of Indian Hospitality Industry

2044 Words9 Pages

The Indian hospitality industry has emerged as one of the key industries driving growth of the services sector in India. The hotels and hospitality sector is a broad group among the service industry which includes lodging, event planning, theme parks, transportation, cruise line. The hospitality industry is a billion dollar business which depends on the accessibility of leisure time and disposable income. A hospitality unit such as a restaurant, hotel, and an amusement park consists of multiple groups. For example facility maintenance, direct operations which include servers, housekeepers, porters, kitchen workers, bartenders, management, marketing, and human resources. Usage rate, or its inverse "vacancy rate", is a significant variable for the industry. This led to expansion of services with the aim to augment usage rate provided by hotel consolidators. Information about required or offered products is brokered on business networks used by vendors as well as purchasers.
The obstacles to access the industry by newcomers and cut-throat advantages between current players are very important. Among other things, hospitality industry players find benefit in classic location, initial and ongoing investment shore up, and meticulous themes adopted by the marketing wing of the organization. Also very imperative are the quality of the personal working in direct contact with the clientele. The genuineness, professionalism, and actual apprehension for the happiness and well-being of

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