Hotels near Pune Airport are a Part of the Booming Hospitality Industry

[Akriti Yadav]

The historic city of Pune is today a commercial, financial, and economic hub. No wonder, people from all over India and the overseas come here on a regular basis for business purposes or plain relaxation and sightseeing. Whatever it is, hotels near Pune airport are a big draw with them. Being the 2^nd largest of all Maharashtra cities it gets the prominence it deserves. Within the last decade, it has emerged as a happening place with high concentration of Pharmaceutical, IT, and Automobile industries. With people coming from everywhere to the city, hospitality investments have grown in tandem.

A transformed hotel landscape

What was before an under-served market has today surprisingly emerged as the hospitality hub in all regards. This transformation is surely phenomenal. Today the skyline here is dotted with both international and domestic hotel brands with accommodations catering to budget, medium range, and high, mighty clientele. You can always book deluxe hotels in Pune as well as those belonging to the five-star category or even flophouses are available aplenty.

According to an online hospitality industry statistic, during the years 2006-2007 there were below 300 classified room inventories. Today the numbers have grown substantially with the latest figures showing approximately 6000 rooms at different establishments. This 39.9% average compounded growth registered in the city for the periods 2006-2007, 2012-2013 related to room supplies is highest for any city in India.

So what has changed now?

Naturally, it will be interesting to analyze the reasons that have led to this major shift prompting the hospitality sector to go all cylinders blasting in order to meet the rising demands. For one thing, the profile of the city has changed quite fast over the years. The industrial sector boom has increased the influx of business-minded people who search for options to stay at convenient locations such as Hotels near Pune airport. As the number of establishments grew, competition in the industry has also risen quite significantly. In all this, ultimately the customer benefits because finding pocket friendly deals becomes quite easy as different resorts vie for attention. The challenge for the establishments is to sustain within this highly competitive market without quality compromises strict standard maintenance.

Expansion beyond the city

Deluxe hotels in Pune these days are not only concentrated near the established business centers or the central areas of the city but also are spreading its wings to the outskirt regions. An interesting feature of Pune that separates it from other prominent locations across India is that there is no concentrated Central Business District (CBD) here. Economy here revolves around different industrial centers. With the establishment of brand-new business areas due to the economic boom at the dawn of the new millennium, the hospitality cityscape is also expanding. No wonder, the hospitality sector is quite confident regarding a positive future. Certainly, Hotels near Pune Airport are a Part of the Booming Hospitality Industry