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Table of Contents
Almost all hotels belonging to any genre have work of art put up in the lobby, corridors, and guest rooms, restaurants, and banquet halls, beauty parlor, Spa and the management office spaces too. One may not be an artist himself but with growing number of hotel art Supplier in the market and the demand for elegant good-looking hotels on the rise, supplying hotels with artistic renditions seems to be a lucrative business in India.
This is one of those businesses that one can start on a part-time basis and work from home. The best way to go about this work is to:
The quickest way to achieve success in this business would be to target new start-up hotels that are still in the construction stage or old hotels that are starting on a complete renovation of the interiors. Making a pitch to such hotels at the right time will ensure faster conversions.
As per figures available, in 2017, Indian art (classical and contemporary) was worth $ 250 million of which $ 98 million belonged to the contemporary section. It has been estimated that the Indian art industry has grown at the rate of about 15% from 2012 to 2017.
The Indian hotel art supplier industry, on the other hand, is expected to be growing at an annual average rate of 7% from 2018 to 2028. Market share of international hotel chains is estimated to be about 47% in India by 2020 and 50% by 2022.
While the dynamics of this business is quite simple and does not necessarily require hiring an office space still there is little legality that needs to be fulfilled by the business owner to start operations and receive payments.
While the first step certainly revolves around firming up the name of your company and deciding the logo and Trademark Registration the next few steps requires the organization to obtain the following registrations:-
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