The Hospitality Industry is a major service sector in the world economy. Indian Hospitality industry is projected to grow at a rate of 8.8 per cent during 2007-16, placing India as the second-fastest growing tourism market in the world. According to industry data, India is expected to double the number of branded hotel rooms from 100,000 now in just three years. Leading the pack is global hotel chains, which will add over 300 hotel properties (an estimated 55,000 rooms) in the country by 2013, as per data compiled by companies.
Spa Industry:- The Indian spa industry, which is growing at around 20-30 per cent annually due to increased affluence of people and lifestyle related ailments. The spa industry over the last 5 years has shown tremendous growth, not only in the number of spas, but also in the diversity of spas and spa therapies available. A study by the Federation of Indian Chambers of Commerce and Industry (FICCI) suggests that the wellness industry in the country is growing at close to 20 per cent annually and currently stands at Rs 1,500 crore. Plenty of opportunities are available in all the cities to start a new spa.
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