Project Report For Water sports

Introduction

Project report for Water sports is as follows.

When it comes to the Indian services sector, the tourism and hospitality industry has emerged as one of the most important development drivers in recent years. When you consider India’s rich cultural and historical history, the variety of ecosystems, terrains, and sites of natural beauty distributed throughout the country, tourism has enormous potential. Tourism, in addition to being a substantial source of foreign cash for the country, has the potential to generate a significant amount of jobs. When it comes to using digital tools for planning, booking, and experiencing a journey, India is the most technologically advanced traveller nation in the world. The country’s growing middle class and rising disposable incomes have continued to support the growth of both domestic and international tourism. Within 12 months from January to October 2018, the number of foreign tourist arrivals (FTAs) climbed to 8.36 million, representing a 6.20 per cent year-on-year rise.

Travel and tourism produced around 41.6 million jobs in India in 2017, accounting for 8% of all new job possibilities created in the country that year. By 2028, the number of employment is predicted to have increased by 2% every year, to 52.3 million jobs. International hotel chains are expanding their operations in India, which is expected to account for around 47 per cent of the country’s tourism and hospitality sector by 2020 and 50 per cent by 2022.

Market potential & Strategy

When it comes to the Indian services sector, the tourism and hospitality industry has emerged as one of the most important development drivers in recent years. Tourism in India has enormous potential, given the country’s rich cultural and historical legacy, diversity in ecosystems, terrains, and natural wonders that can be found throughout the country. Tourism, in addition to being a substantial source of foreign cash for the country, has the potential to generate a significant amount of jobs. When it comes to using digital tools for planning, booking, and experiencing a journey, India is the most technologically advanced traveller nation in the world. The country’s growing middle class and rising disposable incomes have continued to support the growth of both domestic and international tourism. The travel and tourism business in India has tremendous development potential. Furthermore, the tourism sector is looking forward to the extension of the E-visa system, which is predicted to more than quadruple the number of tourists visiting India. The travel and tourism business in India has the potential to grow significantly. Because of increased budgetary allocations and low-cost healthcare facilities, the economy is expected to grow by 2.5 per cent. When it comes to travel and tourism, India is a huge market. It offers a diverse portfolio of niche tourism products, including cruises, adventure, medical, wellness, sports, MICE, eco-tourism, film, rural, and religious tourism. India has long been recognised as a destination for spiritual tourism, both domestically and internationally, and it continues to grow in this regard. Total The contribution of the travel and tourism sector to India’s GDP is predicted to grow from Rs 15.24 trillion (US$ 234.03 billion) in 2017 to Rs 32.05 trillion (US$ 492.21 billion) in 2028, from a current level of Rs 15.24 trillion (US$ 234.03 billion). In 2017, India was rated 7th out of 184 nations in terms of the total contribution to GDP made by travel and tourism 2017. Travel and tourism are India’s third-largest earner of foreign money after agriculture and manufacturing.

The company intends to make extensive use of social media in addition to booking agents to promote its services. It mostly focuses on the internet and offline promotion. Online marketing assists the company in attracting clients from faraway regions, whereas offline marketing concentrates on the state itself. People travel for a variety of reasons, the most prominent of which is pleasure and amusement. Pleasure travellers are persons that travel to relax and have fun while on their trip. People often choose to travel to water-based destinations, hill stations, and mountains for recreational purposes. However, the notion is essentially novel in this case, and it provides the Tourists have a fresh perspective. Leisure visitors participate in a diverse range of outdoor activities such as speedboat rides, food courts, water skiing, shopping, and mingling with other people.

Over the previous few decades, there has been an upward market trend in the tourist industry. Tourists have a lot of disposable cash, a lot of free time, they’re well educated, and they have a lot of refined preferences. A growing desire for higher-quality items has resulted in the fragmentation of the mass market, which has harmed our firm.

Sample Report

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