With such enormous opportunities and strategies been put in place to grab them, the industry is traveling on a highway to moon. With rising international competition, Indian counterparts need to winch up their performance bar and ramp up their technology to achieve higher operational efficiencies. However, the capacity addition race is going to be the ultimate decider. Anyone who can bring in the capacity in a short span and manage to rope in manpower and technology, can emerge as the new kid on the block. A word of caution, however, is ‘not’ to become overbullish because then the next thing that will hit will be the glut, flagging the shine of this golden sector. ‘Too much of haste would mak waste!’ – is what Indian hoteliers have to keep in mind.
For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
For Complete IIPM-Article, Click on IIPM-Editorial Link
Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006
