http://www.livemint.com/Money/BdfGsaRWVzPyEpI8axCqnM/Hotels-have-no-room-for-optimism.html
In October, foreign tourist arrivals (FTAs) in India grew by a minimal 1.7% over a year ago. For the nine months between January and October, FTAs were 4.3% higher—far lower than the 11.4% growth in the year-ago period.
Taken together with the excess room capacity in the country and the moderate 4-5% growth seen in international travel and tourism, it is clear that hotels still have a long way to go before a recovery.
A slower-than-expected revival in the global economy and political tensions across most parts of the globe justify subdued FTA growth for the next few months. Industry experts say there is not much traction from the European region, which accounts for nearly two-thirds of the foreign tourists coming to India.
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