Hotels outlook positive

Published: 06th August 2012 08:29 AM  |   Last Updated: 06th August 2012 08:29 AM   |  A+A-

With hopes of Indian economy reviving in the latter half of the calendar year, the hotel industry is optimistic about business picking up in the forthcoming holiday season which gets underway in October. A survey reveals that India is looking at a very positive business outlook in the latter part of the year and the hotel and travel industry expect to reap good dividends.

About 66% respondents support the claim that the economy will improve in the second half of 2012. Tourist inflow, both domestic and outbound, will be on the higher side than what was seen during the first two quarters of the industry.

The survey conducted by TripAdvisor has revealed that India-based hotels are looking for better profits in the coming times and are adapting to newer avenues of marketing.

India ranks fifth in the world for hotels with the best business outlook, while Greece ranks last, according to respondents’ answers. 

Stay up to date on all the latest Business news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp