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Data Interpretation 2
Not surprisingly the growth of the hotel industry is driven by the increase in the number of people using hotels and the increase in per person use of the hotel. In 2004, it is expected that there will be 200 million hotel users in India, or about 20 per cent of the population will generate 50 billion in hotel revenues. Industry revenues should expand from 50 billion to 150 billion by 2008, while the number of users should grow to over 560 million or to about half the population of India in the same period.
1.What is the estimated population of India in 2004?
2.What will be the simple average growth rate of population of India in the given period 2004–2008?
3.What will be the growth in percentage of hotel users in India by 2008 with respect to 2004?
4.What will be the percentage growth of the revenues of the hotel industry in the given period?
5.It is believed that if 50% of the population of any country can afford hotel-use, it is economically developed. Can we say that India will be a
developed country by 2007?
- b 2. b 3.c 4.a 5.d