The Indian Hospitality Industry

Young chefs are being hired as the hotels are coming up with interactive kitchens, live counters, multicuisine buffets, etc. and the guests like to see culinary innovation at display. Key hotel brands like The Leela, ITC, The Taj, ...

The Indian Hospitality Industry

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.

More Books:

The Indian Hospitality Industry
Language: en
Pages: 370
Authors: Sandeep Munjal, Sudhanshu Bhushan
Categories: Business & Economics
Type: BOOK - Published: 2017-08-30 - Publisher: CRC Press

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
Cultural and Creative Industries
Language: en
Pages: 219
Authors: Marta Peris-Ortiz, Mayer Rainiero Cabrera-Flores, Arturo Serrano-Santoyo
Categories: Business & Economics
Type: BOOK - Published: 2018-11-09 - Publisher: Springer

This book examines the ways in which cultural and creative industries can drive entrepreneurship, innovation, sustainability and overall regional development. It will address such issues as (1) the technical (tangible) components of creative and cultural industries in relation to innovation; (2) the intangible components of creative and cultural industries in
A Brief Culinary Art History of the Western Chef Avante-Guarde Through the Late 20Th Century
Language: en
Pages: 182
Authors: Tony Baran
Categories: Cooking
Type: BOOK - Published: 2014-10-01 - Publisher: AuthorHouse

A Brief Culinary Art History of the Western Chef Avante-Guarde Through the Late 20th Century examines Western cuisine as an art form. The book takes the vantage point of the Chef vanguard from second century AD Rome through the Italian and French Renaissances, modernism, and the emergence of global cuisine
The Uncertainty Mindset
Language: en
Pages: 287
Authors: Vaughn Tan
Categories: Social Science
Type: BOOK - Published: 2020-07-28 - Publisher: Columbia University Press

Innovation is how businesses stay ahead of the competition and adapt to market conditions that change in unpredictable and uncertain ways. In the first decade of the twenty-first century, high-end cuisine underwent a profound transformation. Once an industry that prioritized consistency and reliability, it turned into one where constant change
Engines of Economic Prosperity
Language: en
Pages: 380
Authors: Meltem Ince-Yenilmez, Burak Darici
Categories: Business & Economics
Type: BOOK - Published: 2021-09-01 - Publisher: Springer Nature

This book considers the extent to which innovation and entrepreneurship are engines of economic prosperity. It brings together theorists and empiricists from diverse backgrounds to provides a comprehensive overview of the field of entrepreneurship, focusing specifically on entrepreneurial developments within Turkey and the surrounding regions and Europe. It looks at