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Boston Globe 2-20-08:
In India, an increasingly popular tourist destination, hotel room rates are up 48 percent this year nationwide and a whopping 69 percent in its commercial capital of Mumbai, according to a recent Smith Travel report. India has only about 100,000 hotel rooms nationwide, roughly the same number as in New York City, though India has seven or eight times the number of tourists. As a result, hotel rates in India will continue to grow in 2008. An increase of "up to 35 and even 40 percent in the coming year," would not be unrealistic, said Priscilla Campbell, an analyst for American Express Business Travel, "especially at upper-tier properties in major gateways such as New Delhi and Mumbai.

 

The Financial Express 2-22-08:
India has the potential of becoming an ideal healthcare destination, a study conducted by Exim Bank on healthcare tourism stated. India has generated an estimated revenue of around $600 million from over five hundred thousand international healthcare travellers, including non-resident Indians that visited India in 2006, the study revealed.
The study also said that the promotion of healthcare tourism would result in development of associated sectors—medical equipment manufacturing, telemedicine, medical diagnostics, out-sourcing of hospital administration and insurance.
“India has many advantages in the healthcare sector, which includes, cost-effective healthcare solutions and availability of skilled healthcare professionals, which has the potential to make the country an attractive medical tourism destination,” Exim Bank said in a release.
The increasing popularity of India’s traditional wellness systems and rapid strides made in information technology is also an advantage for the country, it added. The total market for healthcare tourism is estimated to be in the range of 150 billion dollars globally and India has less than one per cent share of it.

 

 

 
       

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