This industry has a huge scope of foreign currencies earning. The last year’s foreign currencies earning was 19.02 billion US dollar. With a growth of earning by 6.8%. Hospitality industry has grown by 10 – 15% and it is improving every month. With a Changed of Govt. Policy the FDI attracted around 8 million US dollar. Presently we can find lots of joint ventures between foreign & retail partners for opening hotels , resorts and related industries. The Projected compounded growth is 20% till 2017. Secure Group plans to penetrate the resorts & hotels across India offering the Facility Management & Out sourcing Services.
The tourism and hospitality sector’s direct contribution to GDP totalled US$ 37.3 billion in 2013.