Journal of Hospitality Application and Research

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Contribution of Tourism and Hospitality Industry in the Economy of India


Affiliations
1 Pacific Academy of Higher Education & Research University Udaipur-Rajasthan, India
     

   Subscribe/Renew Journal


The main purpose of this paper is to bring out that how the Tourism and Hospitality Industry contribute and playing a vital role in the economy of India. Also what is the data produce by the industry and what is the percentage of contribution in GDP in the previous years and current and what will be in future? In the introduction part of the paper put focus on the key players of the hospitality in India. The review of literature is showing the reviews of various officials and authors, what they explain that how the Indian economy effected by the tourism and hospitality industry time to time. The methodology is showing as the tools of the study, what are the earning sources of the industry. The finding and result highlights the Foreign Tourist Arrivals (FTA) and Foreign Exchange earnings (FEE) in India. How the various key players contribute in the economy of the country? How the Tourism&Hospitality Industry develop/maintain the economy of India during the period of recession, this can be easily understood able through the finding of this paper.

Keywords

Contribution, Tourism & Hospitality Industry, Hotels, Economy, Development, FTA, FEE, FDI.
Subscription Login to verify subscription
User
Notifications
Font Size


  • Sharma, A. & Kukreja, S. (2013). A key revenue generator to Indian economy as a part of tourism industry. International Journal of Scientific Research, 2(3), 246-249.

  • Pinto, O.R. (2012). Global financial crisis on hospitality sector based in Mumbai region. Abhinav National Monthly Refereed Journal of Research in Arts & Education, 1(2), 1-10. Double Blind Refereed Papers Contribution of Tourism and Hospitality Industry in the Economy of India 13

  • Nigam, V. & Srivastava, S. (2011). Impact of recession on tourism industry. International Journal of Engineering and Management Science, 2(2), 71-80.

  • Muthe, P.R. (2010). Global recession: Challenges and opportunities for Indian tourism and hotel industry. International Referred Research Journal, 1(8), 22-25.

  • Kulkarni, A. (2012). New type of travelers boost India’s hospitality industry. Retrieved from https://knowledge.wharton.upenn.edu/ article/new-types-of-travelers-boost-indias-hospitality-industry/

  • Ratheiser, D. (2010). Innovations in the Indian hospitality industry. Retrieved from http://www.academia.edu/385814/Innovations_in_ the_Indian_Hospitality_Industry http://blog.knowledge-must.com/ archives/35-Innovations-in-the-Indian-Hospitality- Industry.html

  • Kulkarni, A. (2012). WTTC. Retrieved from http://knowledgetoday. wharton.upenn.edu/2012/10/new-types-of-travelers-boost-indiashospitality- industry/

  • KGC (2012). WEF and DIPP. Retrieved from http://www. kanoosgroup.com/hospitality.php

  • Ministry of Tourism Govt. of India. (2012). FTA and FEE, from Annual Report. Retrieved from http://tourism.gov.in/writereaddata/ Uploaded/Tender/051720121254577.pdf

  • Ministry of Tourism Govt. of India. (2012). The Revenue Plan/Scheme of ITDC Hotels from Annual Report. Retrieved from http://tourism. gov.in/writereaddata/Uploaded/Tender/051720121254577.pdf

  • Hospitality Sector. (2012). Contribution to India GDP. Retrieved from http://business.mapsofindia.com/india-gdp/

  • India BizNews. (2012). The contribution in the economy of country with tax, by key players. Retrieved from http://www.indiabiznews. com/?q=node/1570

  • Smits, J. (2012). Consolations. Retrieved from http://www.ibef.org/ industry/tourism-hospitality-india.aspx


Abstract Views: 764

PDF Views: 2




  • Contribution of Tourism and Hospitality Industry in the Economy of India

Abstract Views: 764  |  PDF Views: 2

Authors

Parul Mathur
Pacific Academy of Higher Education & Research University Udaipur-Rajasthan, India
Daleep Kumar
Pacific Academy of Higher Education & Research University Udaipur-Rajasthan, India

Abstract


The main purpose of this paper is to bring out that how the Tourism and Hospitality Industry contribute and playing a vital role in the economy of India. Also what is the data produce by the industry and what is the percentage of contribution in GDP in the previous years and current and what will be in future? In the introduction part of the paper put focus on the key players of the hospitality in India. The review of literature is showing the reviews of various officials and authors, what they explain that how the Indian economy effected by the tourism and hospitality industry time to time. The methodology is showing as the tools of the study, what are the earning sources of the industry. The finding and result highlights the Foreign Tourist Arrivals (FTA) and Foreign Exchange earnings (FEE) in India. How the various key players contribute in the economy of the country? How the Tourism&Hospitality Industry develop/maintain the economy of India during the period of recession, this can be easily understood able through the finding of this paper.

Keywords


Contribution, Tourism & Hospitality Industry, Hotels, Economy, Development, FTA, FEE, FDI.

References