About Jungle Camps India Limited

Founded in 2002, Jungle Camps India is focused on delivering the luxury with conservation focused camps were set up not only as a business venture but to offer their guests a unique and memorable experience in the most natural and rustic environment. The aim was to offer authentic, responsible and immersive experience to every guest and to showcase the best Indian wildlife and hospitality has to offer.

The Company is a conservation focused hospitality group with a collection of four award winning boutique resorts located at prime wildlife and tiger reserves national parks across central India, a highway retreat, a restaurant and many other bespoke travel related experiences. Currently, their Company along with its subsidiary companies owns and manages total of 87 room accommodation which includes villa, cottages, deluxe rooms, safari tents etc along with other infrastructure including banquet halls, meeting rooms, restaurants, bars, cafés, swimming pool, spa facilities and other associated amenities and facilities.

As part of their expansion plans, the Company has acquired leasehold rights for 4 additional hospitality projects with proposed 170 room accommodation on consolidated basis along with other associated infrastructure. On commencement of these projects, the Company will own and manage a total of 7 projects comprising of 4 boutique wildlife resorts, 1 Heritage hotel, 1 highway motel along with a restaurant and 1 highway restaurant and 3 projects comprising of 2 boutique wildlife resorts and 1 highway restaurant.

The brand is well recognised in niche segment of wildlife and nature-based tourism. Their resorts have secured awards from leading global portals such as “Trip Advisor Travellers Choice” from Trip Advisor at the award ceremony in the year 2023, “Trip Advisor Best Wildlife Resort in India” on the occasion of Global Excellence Award, 2019 and Best Eco-Friendly Hotel from MP Tourism in the Year 2018. The Company has also been awarded by the Madhya Pradesh State Tourism in the Year 2009.

As on date, Jungle Camps India have the total 162 Employees. The Bankers of the Company are BANK OF BARODA and HDFC BANK LIMITED.

INDIAN TOURSIM AND HOSPITALITY INDUSTRY
With a total area of 3,287,263 sqkm extending from the snow-covered Himalayan heights to the tropical rain forests of the south, India has a rich cultural and historical heritage, variety in ecology, and terrains of natural beauty spread across the country. This presents a significant opportunity to exploit the commercial potential of the tourism sector.

India being one the most popular travel destinations across the globe, the Indian tourism and hospitality industry has emerged as one of the key growth drivers for the country’s services sector. Tourism is an important source of foreign exchange for the Indian economy like many other countries, driven by large numbers of international tourist arrivals.

It is widely acknowledged that the tourist and hospitality sector, which encompasses travel and hospitality services like hotels and restaurants, is a development agent, a catalyst for socioeconomic growth, and a significant source for earning foreign exchange. India's rich and exquisite history, culture, and diversity are showcased through tourism which, in turn, offers significant economic benefits. The consistent efforts of the central and state governments have helped the tourism industry to recover from the Covid-19 pandemic’s shock and return to prepandemic levels.

According to the World Travel & Tourism Council (WTTC), India was ranked 10th among 185 countries in terms of travel and tourism’s total contribution to GDP in 2019. The contribution of the travel and tourism sector to India's economy was worth Rs. 15.9 tn (US$ 191.3 bn) in 2022.

According to WTTC, over the next decade, the GDP contribution of India’s travel and tourism sector is expected to grow at an average of 7.8% annually. In 2020, the Indian tourism sector accounted for 39 million jobs, which was 8% of the total employment in the country.

In 2021, the travel and tourism industry’s contribution to India’s GDP was US$ 178 billion, as it is expected to reach US$ 512 bn by 2028. By 2029, the industry is seen to account for approximately 53 million jobs. The tourism sector’s direct contribution to the GDP is expected to record an annual growth rate of 7%-9% between 2019 and 2030.

The travel market in India is projected to reach US$ 125 bn by FY27 from an estimated US$ 75 bn in FY20. The Indian airline travel market was estimated at ~US$ 20 bn and is projected to double in size by FY27, driven by improving airport infrastructure and growing access to passports. The Indian hotel market including domestic, inbound and outbound was estimated at ~US$ 32 bn in FY20 and is expected to reach ~US$ 52 bn by FY27, driven by expanding demand from travellers and increases in travel agents’ activity.

International tourist arrivals in India are expected to reach 30.5 billion and generate revenues of over US$ 59 bn by 2028. However, domestic tourists are expected to be a bigger growth driver post-pandemic. International hotel chains have been expanding their presence in the country as they are estimated to have accounted for a 47% share of India’s tourism and hospitality sector in 2020 and 50% in 2022.

As per the Ministry of Tourism, Foreign Tourist Arrivals (FTA) in October 2023 were 8,11,411. FTA during the period January-October 2023 was 72,43,680, compared to 46,55,160 in January-October 2022.

The percentage share of FTA in India in October 2023 among the top 5 ports of entry was the highest at Delhi Airport (34.74%), followed by Mumbai Airport (14.75%), Haridaspur Land Check Post (9.03%), Chennai Airport (7.05%), and Bengaluru Airport (5.71%). FTA during the period January-September 2023 was 6.43 million.

The percentage share of FTA in India in October 2023 among the top 5 source countries was highest for Bangladesh (21.41%), followed by the US (15.65%), the UK (11.27%), Australia (4.38%), and Canada (3.81%).Foreign Exchange Earnings (FEE) during the period January-October 2023 were US$ 22.32 bn.

While domestic tourist spending increased by 20.4% y-o-y in 2022 (14.1% below 2019-levels), international visitor spending rose by 81.9% in 2022 (40.4% below 2019-levels). FDI equity inflow in the hotel and tourism industry was US$ 17.29 bn during the period April 2000-September 2023, which constituted 2.6% of the total FDI inflow received across sectors.

JUNGLE CAMPS INDIA LIMITED COMPETITIVE STRENGTHS
1. Experienced Promoters and Management Team
2. Robust Processes and Scalable Model Backed by Experienced Team
3. Strategic Locations
4. Focus on Guests Needs
5. Generation of Local Employment

JUNGLE CAMPS INDIA LIMITED GROWTH STRATEGIES
1. Improving their functional efficiency
2. Customer Satisfaction
3. Brand Image
4. Leveraging their market skills and relationship

JUNGLE CAMPS INDIA LIMITED RISKFACTORS & CONCERNS
1. The hospitality industry is affected by consumer preferences and perceptions.
2. Land title in India can be uncertain and they may not be able to identify or correct defects or irregularities in title to the land which they own, lease or intend to acquire.
3. A significant portion of their revenues are derived from a few Resorts and from hotels concentrated in a few geographical regions.
4. The extent and reliability of Indian infrastructure such as electricity and water supply may adversely affect the Company’s results of Operations and financial condition.