The Emerald Handbook of Luxury Management for Hospitality and Tourism 2022
DOI: 10.1108/978-1-83982-900-020211011
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The Language of Luxury: Decoding the Luxury Hotel Brand's Marketing Communication

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“…India's foodservice businesses have recorded rapid growth over the last decade, driven mainly by expanding urbanisation, more women entering the workforce, appetite over global food, changing food habits, rising family and disposable income, changing lifestyles, the growing middle class and experience-orientation among the young population (Piramanayagam and Seal, 2022; Motta and Sharma, 2019). According to a 2021 NRAI report on Indian foodservice businesses, the sector recorded a compounded annual growth rate of 11% between 2016 and 2019, has a current valuation of US$ 5.71 billion, and provides over 7 million jobs.…”
Section: Literature Reviewmentioning
confidence: 99%
“…India's foodservice businesses have recorded rapid growth over the last decade, driven mainly by expanding urbanisation, more women entering the workforce, appetite over global food, changing food habits, rising family and disposable income, changing lifestyles, the growing middle class and experience-orientation among the young population (Piramanayagam and Seal, 2022; Motta and Sharma, 2019). According to a 2021 NRAI report on Indian foodservice businesses, the sector recorded a compounded annual growth rate of 11% between 2016 and 2019, has a current valuation of US$ 5.71 billion, and provides over 7 million jobs.…”
Section: Literature Reviewmentioning
confidence: 99%