A recent report has shown that Hotels in India are optimistic about the business outlook. The report said that India showed great optimism with the highest proportion of businesses in APAC that expect the economy to improve in the next 6 months. Sixty-six percent respondents support the claim that the economy will improve in the second half of 2012, the survey said.

The positive business outlook also seems to be evident from the staffing plans in second half of 2012, as India ranks highest globally among all countries surveyed, for staff turnover based on increased staff levels.

While most respondents in APAC reported that there would be no change in their staffing levels in the next 6 months, respondents in India were more likely to increase their staff (39%), followed by Thailand (31%) and Indonesia (30%).

According to the report, 50% of Asia-Pacific respondents reported optimism about the economy for the remainder of the year believing the economy would improve. It added that hoteliers in Asia Pacific, North America and Latin America were twice as likely to report being profitable in the last six months than hoteliers in the EMEA (Europe Middle East and Africa) region who are the least optimistic about the future.

In the hotel survey which was carried out by TripAdvisor, the findings revealed that India ranked fifth in the world for hotels with the best business outlook, while Greece ranked last.

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