Localized Hotel Companies


0

LOCALIZED HOTEL COMPANIES -They comprise of mainly early entrants like the Surya, Ritz who have not preferred to expand during the tourism boom and have instead focused on building and catering to a loyal customer base. The private players among the hotel chains are industry leaders. The public sector ITDC and HCI, though currently profitable, are not as efficiently run and are relative under performers.

The Indian hotel industry is an oligopoly with few key players grappling for control.

They include,

 

Name of Hotel Market share
The Indian Hotels Company, Ltd.

(The Taj Group)

Largest hotel operator – 20%
ITDC Group (Ashoka group of hotels) Closest rival – 15%
East India Hotels 12%
ITC 8%
Followed by, Hotel Leelaventure, Asian Hotels and Jaypee Hotels

 


Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected].

9 Comments

Facebook comments: