Resort business is flourishing not only in India but having great demand throughout the world. A Resort Hotel is a is a full service lodging facility, intended primarily for vacationers and usually located in places frequented for relaxation or recreation, such as beaches, seashores, scenic or historic areas, ski parks, spas.
The difference to a ‘simple’ hotel lies in the range of services and amenities offered. A Resort Hotel typically includes entertainment and recreational activities.
We can say that a Resort is a self-contained establishment, providing for most of a vacationer’s needs while remaining on the premises (lodging, food, drink, sports, entertainment, shopping, etc.).
The ownership can vary between timeshare, fractionally owned or operated by a single company. Some resorts can operate on a seasonal basis instead of all year-round.
The benefits of booking a Resort Hotel are that the guest finds an all-around service within the premises. It is convenient for families, offering kids-club, evening entertaining program, shopping etc. In cases the Resort is located far away from the city, the Resort provides all the infrastructure needed (it is a ‘village’ itself). Often a Resort is used as a wedding location (with a wedding planner on side, a photographer, a hairdresser and a beauty salon etc.).
After all the world tourism is the largest single item of international trade today with the increase in education discretionary income and in leisure and paid holidays, travel This grown rapidly in recent years.
Such magnitude of increase are accompanied by facilities for increased numbers view thus Holiday resorts become and this urreld becomes an integral part of tourism infrastructure of any country. As an expert rightly asserts, they are indeed foundations upon which this industry is built and yet there is probably no other business taken so much for granted or which appears to an outsider to be so easy to run as the resort or hotel business.
The place which was usually for the let out to travelers was taken (known) as inn and the keeper, in accordance with the existing laws of the land, was obliged for providing shelter and food to those willing to pay price, Holiday resorts 10 to 15 rooms, having spacious lobbies, restaurants serving different tastes of meals swimming pools and health club and comparatively a recent phenomenon.
Today there are quit a good number of over 300 approved Holiday resorts and hotels comprising nearly 19,000 guest rooms. But the increase in rooms and other supplementary forms of accommodation such as motels, youth hostels camp sanctuaries huts in resorts and has not kept pace with the demands are pattern in which each warp yarn passes above and below each alternate fill yarn during weaving. This gives a structure with maximum crimp. In drills and twills each yarn still has considerable crimp as it passes from one side of the fabric to the other. Such weaves exhibit uniform properties in the crosswise and lengthwise directions but are relatively weak owing to the great crimp in each yarn.
The hospitality industry, in particular, is known for being a slow adopter of new technologies. With a complex business and operations model and a patchwork of integrated systems at even the simplest property, it’s understandable why executives in hospitality are not in a rush to embrace the newest tools. However, many executives are now prioritizing updates and upgrades that will allow their operations to be more resilient. For some organizations, this includes moving current systems to a hosted model instead of an on premise deployment, removing the burden and cost of hardware maintenance. Others are looking for improved integration so they can more effectively utilize the data that they collect. Achieving these goals will ensure that an independent hotel or resort can operate efficiently well into the future without having to make wholesale changes to their existing technology platforms.
How to Research the Hotels Sector (Key Points)
- It is expected that the hotels industry is expected to fall short of meeting the long term demands of an economy growing at about 7% p.a. Regarding the supply from foreign nations, around 40 international brands are said to enter the country in the next five years (as per Cygnus estimates).
- Largely depends on business travelers but tourist traffic is also on the rise. Also, there is seen an increasing demand for medical tourism. Demand normally spurts in the peak season between November and March.
- Barriers to entry
- Economic risks, high capital costs, competition in the industry, poor infrastructure facilities and scarcity of land.
- Bargaining power of suppliers
- Limited due to higher competition, especially in metros.
- Bargaining power of customers
- Higher in metros due to increasing room supply.
- Intense in metros, slowly picking up in tier-2 and tier-3 cities. Competition has picked up due to the entry of foreign hotel chains. Also, there is an increasing competition from the startups/online industry due to the increasing penetration of the internet.
EIRI have recently prepared a Detailed Project Report on this unit covering all the following contents, Entrepreneurs may contact at: firstname.lastname@example.org or Call at: +91 9811437895 for more details.
Plant Capacity : RESORTS WITH COTTAGES,YOGA CENTRE
land & Building (10000 Sq.Mtrs) : Rs. 20.50 Cr
Plant & Machinery : Rs. 2.00 cr
Working Capital for 2 Months : Rs. 1.04 Cr
Total Capital Investment : Rs. 24.34 Cr
Rate of Return : 19%
Break Even Point : 57%
CLASSIFICATION AND LOCATION OF HOTELS/RESORT
OVERVIEW OF HOSPITALITY INDUSTRY IN INDIA
THE FUTURE OF HOSPITALITY SERVICES
THE CONTRIBUTION OF HOSPITALITY INDUSTRY IN INDIAN ECONOMY:
CONSTITUENTS OF HOSPITALITY SERVICES INDUSTRY
INDIAN HOTEL INDUSTRY PERFORMANCE– COUNTRY TRENDS
TREATMENT METHODS OF NATUROPATHY
METHOD OF AYURVEDA TREATMENT
THE AYURVEDIC TREATMENT METHODS INCLUDE:
SPECIAL TREATMENT IN AYURVEDA
TREATMENTS OF AYURVEDA.
CHARACTERISTICS OF PANCHAKARMA THERAPY
TYPES OF PANCHAKARMA THERAPIES
TYPES OF MASSAGE
METHOD OF PANCHAKARMA THERAPY
PRADHAN KARMA (MAIN METHODS) WHICH INCLUDES:
PASHCHAT KARMA (POST-THERAPEUTIC MEASURES) WHICH INCLUDES:
PURVAKARMA: PRE-PURIFICATION MEASURES
VAMAN: EMESIS THERAPY
INDICATIONS FOR VAMAN:
CONTRA-INDICATIONS FOR VAMAN:
VIRECHAN: PURGATION THERAPY
INDICATIONS FOR VIRECHAN:
CONTRA-INDICATIONS FOR VIRECHAN:
BASTI: ENEMA THERAPY
GENERAL INDICATIONS FOR BASTI:
NASYA: NASAL ADMINISTRATION
OVERVIEW OF INDIAN POTTERY
INDIA POTTERY INDUSTRY – MARKET PLAYERS
INDIA POTTERY INDUSTRY – FACTS
METHODS OF POTTERY
HUMP AND PRESS MOLDS
AFTER BISCUIT FIRING
POTTERY CREATION TECHNIQUES & EQUIPMENTS
EQUIPMENT USED IN MAKING POTTERY
POTTERY MODELING STAND
POTTERY SHAPING TOOLS
PROCESSING METHOD OF POTTERY
COLLECTION OF GLASS
CLEANING OF GLASS
CHOOSING THE FINISHED DESIGNER
PRIMING THE KILN SHELF
POSITIONING THE GLASS
HEATING THE KILN
RAISING THE HEAT LEVEL
LOWERING THE HEAT LEVEL
CONSTRUCTION TECHNIQUE OF WOODEN FURNITURE AND ARTICLES
FOUR TYPES OF BONDING ARE OFTEN USED:
ENGRAVING & PRINTING
FORMULATION OF CANDLE
RAW MATERIALS AND CANDLE PRODUCTION PROCESSES
CANDLES, A SYMPHONY OF COLOURS
METHODS OF PRODUCTION OF CANDLES AND TAPERS
FROM DIPPING TO STRETCHING CANDLES CONTINUOUSLY
CRITERIA FOR RECOGNITION OF RESTAURANT BY THE DEPT. OF TOURISM
REGULATORY CONDITION FOR APPROVAL OF HOTEL PROJECTS
SUPPLIERS OF RAW MATERIALS
SUPPLIERS OF PLANT AND MACHINERIES
KITCHEN & CATERING EQUIPMENTS
WOOD WORKING MACHINES
FIRE FIGHTING EQUIPMENTS
APPENDIX – A:
1. COST OF PLANT ECONOMICS
2. LAND & BUILDING
3. PLANT AND MACHINERY
4. FIXED CAPITAL INVESTMENT
5. RAW MATERIAL
6. SALARY AND WAGES
7. UTILITIES AND OVERHEADS
8. TOTAL WORKING CAPITAL
9. COST OF PRODUCTION
10. PROFITABILITY ANALYSIS
11. BREAK EVEN POINT
12. RESOURCES OF FINANCE
13. INTEREST CHART
14. DEPRECIATION CHART
15. CASH FLOW STATEMENT
16. PROJECTED BALANCE SHEET