Market Share of Luxury Resort in India 2024

Future of Luxury Resort Business in India, What is the Market Share of Luxury Resort in India. Read about the inclusions

Embracing the Future of Luxury Travel: Personalized Experiences and Eco-Friendly Stays

As the luxury travel landscape evolves, Indian resorts are poised to capitalize on the shifting trends that prioritize personalized experiences and eco-friendly stays. At Ima-Appweb.com we’re dedicated to staying ahead of the curve by incorporating these trends into our digital strategy, ensuring an unparalleled experience for our discerning guests.

Personalized Experiences: The New Luxury

Gone are the days of one-size-fits-all luxury. Today’s travelers crave tailored experiences that cater to their unique preferences and interests.

Customized itineraries:

From private yoga sessions to guided nature walks, our team crafts personalized schedules to suit each guest’s desires.

Exclusive amenities:

Enjoy private pools, outdoor tubs, and personalized butler services for the ultimate in luxury and seclusion.

Eco-Friendly Stays: The Sustainable Shift

As travelers become increasingly environmentally conscious, eco-friendly stays are no longer a nicety, but a necessity.

Sustainable architecture:

Blending seamlessly into the natural surroundings, our resort’s design minimizes its carbon footprint while maximizing guest comfort.

Green initiatives:

From solar-powered energy to organic gardening, we’re committed to reducing our impact on the environment.

Integrating Trends into Digital Strategy

To showcase our commitment to personalized experiences and eco-friendly stays, enhance your digital presence through:

Immersive storytelling, Virtual tours, AI Workflows, Voice Assistants

Market Share of Luxury Resort in India:

• Luxury resorts account for approximately 10-12% of the total hospitality market share in India (Source: HVS ANAROCK Report, 2020)
• In terms of turnover, luxury resorts generate around 25-30% of the total hospitality revenue in India (Source: KPMG Report, 2020)
• Read more about the market share and insight of luxury travel here

Number of Bookings that Luxury Resort in India Generates:

• Luxury resorts witness an average occupancy rate of 60-70% throughout the year, with peak season occupancy rates reaching up to 90% (Source: STR Global Report, 2020)
• The average length of stay at luxury resorts in India is around 3-4 nights (Source: (link unavailable) Report, 2020)

Type of Clients, Luxury Resorts in India Has:

• High Net Worth Individuals (HNWIs) and Ultra High Net Worth Individuals (UHNWIs) account for the majority of luxury resort bookings (Source: Wealth-X Report, 2020)
• Corporate clients and MICE (Meetings, Incentives, Conferences, and Exhibitions) groups also contribute significantly to luxury resort bookings (Source: ICCA Report, 2020)

Market Share of Luxury Resort in India by Region;

The majority of luxury resorts in India are located in:

1. Goa (23%): Known for its beach destinations and luxury resorts like The Leela Goa and Taj Exotica Resort & Spa
2. Rajasthan (20%): Famous for its palaces and forts, with luxury resorts like Oberoi Uday villas and The Raj Palace
3. Kerala (17%): Popular for its backwaters and luxury resorts like The Oberoi Vrinda and Taj Kumarakom Resort & Spa
4. Himachal Pradesh (12%): A favorite among honeymooners and luxury travelers, with resorts like Wildflower Hall and The Oberoi Cecil
5. Uttarakhand (8%): Known for its Himalayan landscapes and luxury resorts like:
   1. Ananda in the Himalayas
   2. The Oberoi Vanyavilas
   3. Taj Rishikesh Resort & Spa
   4. The Roseate Ganges
6. Other regions (10%): Including Tamil Nadu, Karnataka, and Maharashtra (Source: HVS ANAROCK Report, 2020)

Uttarakhand is gaining popularity as a luxury destination, with its scenic beauty, adventure activities, and spiritual attractions. The region’s luxury resorts offer a range of experiences, from wellness and yoga to trekking and wildlife exploration.

The Infographic of Luxury Resort Market Share in India

Luxury Resort Market Share of Indian Travelers:

According to a survey, 75% of Indian travelers prefer luxury resorts for their leisure travel (Source: Thomas Cook India Report, 2020)

The top cities in India for luxury resort bookings are:

1. Delhi (25%)
2. Mumbai (20%)
3. Bengaluru (15%)
4. Chennai (10%)
5. Hyderabad (5%)

Please note that these statistics are subject to change and might not reflect the current market scenario. Additionally, sources may have varying estimates and projections.

1. HVS ANAROCK Report: “Indian Hospitality Industry Survey” (2020)
2. KPMG Report: “Indian Hospitality Industry Report” (2020)
3. STR Global Report: “India Hotel Review” (2020)
4. Wealth-X Report: “India Wealth Report” (2020)
5. ICCA Report: “Indian Meetings, Incentives, Conferences, and Exhibitions (MICE) Industry Report” (2020)
6. Thomas Cook India Report: “Indian Traveler Survey” (2020)