The Indian Hospitality Industry

The Indian Hospitality Industry
Author: Taylor & Francis Group
Publisher: Apple Academic Press
Total Pages: 370
Release: 2021-03-31
Genre:
ISBN: 9781774636510

India has been in transition for the last two decades, moving from a mixed economy toward a market economy model, and the Indian hospitality industry is metamorphosing into a mature industry. It is time that the story of the Indian hospitality industry is told. The Indian Hospitality Industry: Dynamics and Future Trends tells that story, one defined by the industry's push for growth in revenues and the struggle to match the revenue growth with profitability. The volume includes a selection of insightful chapters that offer research into the multiple dimensions of the Indian hospitality industry. The book covers many segments of the hospitality sector, including hotels, events and catering businesses, and restaurants and coffee shops, both domestic and small mom-and-pop businesses as well as international chains. The opening chapters set the tone for providing an overarching perspective on the status of the industry in terms of the macroeconomic variables and how they may have impacted the health of hospitality businesses in India. The book then goes on to explore a wide variety of issues. The editors and chapter authors are either practitioners themselves or researchers, looking at both domestic and international hospitality business in India and a wide variety of economic factors. The information divulged here will be important for stakeholders, which includes domestic and international hospitality professionals, business leaders, investors, and those in governmental positions, especially in the tourism ministry. The volume informs on the issues and challenges that that the hospitality industry in India is up against. The book looks at the dilemma of a industry that responded to the demand growth promise by ramping up supply, only to find that the investments made were received by an actual growth that was way shy of forecasts and left investors with unexpected losses on their profit & loss statements and bloodied balance sheets.

The Indian Hospitality Industry

The Indian Hospitality Industry
Author: Sandeep Munjal
Publisher: CRC Press
Total Pages: 328
Release: 2017-08-30
Genre: Business & Economics
ISBN: 1351846906

India has been in transition for the last two decades, moving from a mixed economy toward a market economy model, and the Indian hospitality industry is metamorphosing into a mature industry. It is time that the story of the Indian hospitality industry is told. The Indian Hospitality Industry: Dynamics and Future Trends tells that story, one defined by the industry’s push for growth in revenues and the struggle to match the revenue growth with profitability. The volume includes a selection of insightful chapters that offer research into the multiple dimensions of the Indian hospitality industry. The book covers many segments of the hospitality sector, including hotels, events and catering businesses, and restaurants and coffee shops, both domestic and small mom-and-pop businesses as well as international chains. The opening chapters set the tone for providing an overarching perspective on the status of the industry in terms of the macroeconomic variables and how they may have impacted the health of hospitality businesses in India. The book then goes on to explore a wide variety of issues. The editors and chapter authors are either practitioners themselves or researchers, looking at both domestic and international hospitality business in India and a wide variety of economic factors. The information divulged here will be important for stakeholders, which includes domestic and international hospitality professionals, business leaders, investors, and those in governmental positions, especially in the tourism ministry. The volume informs on the issues and challenges that that the hospitality industry in India is up against. The book looks at the dilemma of a industry that responded to the demand growth promise by ramping up supply, only to find that the investments made were received by an actual growth that was way shy of forecasts and left investors with unexpected losses on their profit & loss statements and bloodied balance sheets.

The Food and Beverage Hospitality Industry in India

The Food and Beverage Hospitality Industry in India
Author: Sandeep Munjal
Publisher: CRC Press
Total Pages: 255
Release: 2021-11-17
Genre: Business & Economics
ISBN: 1000053431

This book presents the story of growth and change of what is still a largely unorganized food and beverage service industry in India. With the authors’ vast experience in both industry and academia, the volume provides a holistic perspective of the current status of the food and beverage industry in India and identifies the topical issues and the challenges. The authors offer an insightful discussion on where the industry is headed and how it can move from top-line driven growth to a bottom-line supported one.

COVID-19 Pandemic Impact on New Economy Development and Societal Change

COVID-19 Pandemic Impact on New Economy Development and Societal Change
Author: Popescu, Cristina Raluca Gh.
Publisher: IGI Global
Total Pages: 425
Release: 2021-12-17
Genre: Business & Economics
ISBN: 1668433761

Globalization and technological advances have the immense power to create a new economy, address sustainability concerns, and facilitate societal changes. In addition, the COVID-19 pandemic has led to notable modifications in the world economy and society that require adjustments to business models, as well as our way of life. It is critical to understand these new models in our changing society for businesses to not only survive, but to thrive. COVID-19 Pandemic Impact on New Economy Development and Societal Change provides an updated view of the newest trends, novel practices, and latest tendencies concerning the manner of shaping the new economy and accelerating societal change, demonstrating the crucial importance of rethinking the world’s models, priorities, and strategies while seeking a more responsible path for humanity. Covering topics such as tourism and salesmanship skills, this publication is ideal for academicians, researchers, scientists, scholars, practitioners, industry professionals, consultants, instructors, and students.

Global Trends, Practices, and Challenges in Contemporary Tourism and Hospitality Management

Global Trends, Practices, and Challenges in Contemporary Tourism and Hospitality Management
Author: Batabyal, Debasish
Publisher: IGI Global
Total Pages: 340
Release: 2019-04-05
Genre: Business & Economics
ISBN: 1522584951

As one of the largest service industries serving millions of international and domestic individuals yearly, it is important to understand the current trends, practices, and challenges surrounding tourism. Emphasized by the effects on people, management processes, and technological advancements, this economic and socio-cultural phenomenon’s importance is increasing worldwide. Global Trends, Practices, and Challenges in Contemporary Tourism and Hospitality Management discusses and analyzes the impacts of new trends in the tourism industry, including sub-sectors of tourism, and revisits existing trends, identifies new types and forms of tourism, and discusses the influence and use of technology. Featuring research on topics such as guest retention, predictive analysis, and ecotourism practices, the material collected is ideally designed for managers, travel agents, industry professionals, practitioners, consultants, and researchers.

The Food and Beverage Hospitality Industry in India

The Food and Beverage Hospitality Industry in India
Author: Sandeep Munjal
Publisher: CRC Press
Total Pages: 268
Release: 2021-11-18
Genre: Business & Economics
ISBN: 1000053350

This book presents the story of growth and change of what is still a largely unorganized food and beverage service industry in India. With the authors’ vast experience in both industry and academia, the volume provides a holistic perspective of the current status of the food and beverage industry in India and identifies the topical issues and the challenges. The authors offer an insightful discussion on where the industry is headed and how it can move from top-line driven growth to a bottom-line supported one.

Life Behind the Lobby

Life Behind the Lobby
Author: Pawan Dhingra
Publisher: Stanford University Press
Total Pages: 265
Release: 2012-04-25
Genre: Social Science
ISBN: 0804782024

Indian Americans own about half of all the motels in the United States. Even more remarkable, most of these motel owners come from the same region in India and—although they are not all related—seventy percent of them share the surname of Patel. Most of these motel owners arrived in the United States with few resources and, broadly speaking, they are self-employed, self-sufficient immigrants who have become successful—they live the American dream. However, framing this group as embodying the American dream has profound implications. It perpetuates the idea of American exceptionalism—that this nation creates opportunities for newcomers unattainable elsewhere—and also downplays the inequalities of race, gender, culture, and globalization immigrants continue to face. Despite their dominance in the motel industry, Indian American moteliers are concentrated in lower- and mid-budget markets. Life Behind the Lobby explains Indian Americans' simultaneous accomplishments and marginalization and takes a close look at their own role in sustaining that duality.

Corporate Social Responsibility in the Hospitality and Tourism Industry

Corporate Social Responsibility in the Hospitality and Tourism Industry
Author: Guliani, Lipika Kaur
Publisher: IGI Global
Total Pages: 383
Release: 2016-03-04
Genre: Business & Economics
ISBN: 1466699035

Increased tourism benefits local economies by creating more revenue and employment options as interest in the location grows. However, as the hospitality and travel industry continues to grow and adapt, it becomes imperative that they implement socially responsible procedures. Corporate Social Responsibility in the Hospitality and Tourism Industry discusses issues and challenges faced by organizations implementing responsible business practices within the travel, hotel, leisure and hospitality industries. Featuring best practices and theoretical concepts on the support of local economies, ethical sourcing of native goods, and sustainability procedures, this publication is a vital source for policy makers, academicians, researchers, students, technology developers, and government officials interested in emergent ethical and moral practices within the travel industry.

Contemporary Hospitality and Tourism Management Issues in China and India

Contemporary Hospitality and Tourism Management Issues in China and India
Author: Stephen Ball
Publisher: Routledge
Total Pages: 215
Release: 2009-11-04
Genre: Business & Economics
ISBN: 1136414592

This book represents a comprehensive, authoritative and up-to-date analysis of key sectors in the hospitality and tourism industries in China and India, and will address the market's growing need for information on Tourism in China and India. The text will be written in an accessible style drawing on the authors’ wealth of theoretical, educational and industry experience. The text will contain inputs from academic colleagues and commercial contacts from the identified region. Case studies will give real life experiences of hospitality and tourism companies and organisations operating in this region and will include interactive exercises and discussion points.