Hotel Show brand geoclones in India as experts forecast South Asia as fastest growing travel and tourism regionWorld-leading exhibition organiser dmg events launches its Hotel Show brand in India in 2016 as the country’s tourism and hospitality industry is forecast to grow at pace. Government investment in attractions and infrastructure; the rise of emerging tourist destinations including Goa and Jaipur; and launch of the new e-tourist visa is creating worldwide demand to visit India. The World Travel and Tourism Council (WTTC) say India has the potential to become the world’s number one tourist destination; and forecast its travel and tourism sector will generate US $42.8 billion by 2017; while the International Monetary Fund (IMF) report the country is set to retain its newfound status as the world’s fastest growing economy (2015) in 2016.
The Food & Hotel Show New Delhi 2016 will take place November 3-5th at the Pragati Maidan in the capital city, at a time when TOPHOTELPROJECTS report 34,076 hotel rooms are under construction in India, while The Federation of Hotel & Restaurant Associations of India (FHRAI) say an additional 100,000 hotel rooms are required to meet demand.
Matt Denton, President, dmg events Middle East & Asia said: “The market is right and the time is right for The Food & Hotel Show New Delhi. India has witnessed a remarkable increase in its international tourist arrivals with Government initiatives including the e-tourist visa (eTV) making it easier to travel to the country. The effect of the eTV scheme has been significant with a reported 1,040 per cent increase in tourists using an eTV throughout 2015 compared to 2014. According to the World Travel and Tourism Council (WTTC), India has the potential to become the world’s number one tourist destination with overall demand growing at 10.1 per cent annually.”
In the latest update to WTTC’s Economic Impact research its forecast South Asia will be the fastest growing travel and tourism region in the world with 7.7 per cent growth in 2015; “heavily stimulated by the growth in India”. India ranked 11th in the world for international tourist arrivals and 4th in the most preferred travel destination by The Lonely Planet in 2015. TOPHOTELPROJECTS report 190 hotel projects under construction in India as of October 2015.
Momentum is expected to continue as it is reported a total 150 countries will have access to the new e-tourist visa by March 2016; and India will remain in the top 3 of the list of fastest growing tourist destinations in the world in projections made by the WTTC until 2023.
“The 200,000 hotel rooms in the Indian market must increase by some 50 per cent to meet demand according to reports, so this is an ideal time for us to bring a highly successful international forum for hospitality buyers and decision-makers where they can source latest products, gain essential information through our Vision Conference programme, and network,” added Christine Davidson, group event director, dmg events hospitality portfolio.
The Hotel Show, which has been running successfully in Dubai for 16 years, is the largest and most comprehensive hospitality supply event in the Middle East and Africa with conference forums spanning technology, security, design, interiors, HORECA, FM, lighting, furnishings and more. The Food & Hotel Show New Delhi 2016 is supported by The Federation of Hotel & Restaurant Associations of India (FHRAI), the leading body representing the hospitality industry in India with 4,000 members across four regional associations.