The Sleep Event India 2012

Global Opportunties

The inaugural edition of The Sleep Event India Exhibition will take place from 18-21 October 2012, as part of Index Mumbai.

Index, India’s key trade event for the furniture and interior products industry welcomed 37,860 international visitors in 2011, covering 40,000 sqm alongside 275 exhibitors.

The Sleep Event India will host its unique pavilion of European design excellence within one of the 8 product halls at Index Mumbai and present to this influential audience a selection of handpicked, luxurious interior products.

Economic Growth

India’s economy is predicted to grow by 8% in 2012, almost doubling the growth forecast for the global economy as a whole. (World Travel & Tourism Council)

India is the world’s second fastest growing economy after China and has recently emerged as one of the world’s leading markets for hotel development and potential growth.

Developing Hotel Market

The Leela Hotels, Palaces and Resorts is planning to invest USD 500 million for opening five new properties across the country.

Knight Frank India PVT Ltd, an independent global property consultancy, estimates India hotel room market to touch USD 2.7 billion by 2013; translating to 17% average annual growth rate for 10 cities.

International Demand

Industry estimates show over 40 new international brands will invest around USD 11 billion in the next three years. “The country is one of the most preferred travel destinations for international visitors – for leisure and business. If the economy is growing at 7-9%, the demand for good quality rooms will grow at a much better rate” Uttam Dave, head of development, Accor Hospitality.

Media Partners

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Sponsorship

Click here for information on sponsorship opportunities at The Sleep Event India 2012.