The Indian hotel industry is booming. It is attracting a host of new players; many of whom are inexperienced. The media hype focuses on improved average room rates and occupancies. There is a need to look beyond ARR, Rev Par, Occupancy and CAGR’s. how does an investor do this?

There are plans/announcements from time to time for promotion of tourism in Gujarat. 1600-kms long coastline, history/culture, archeology and pilgrim places are cited as key advantages. Prohibition is highlighted as a major deterrent. What are the prospects? What holds the key to tourism sector development in Gujarat.?