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Lack of infrastructure status, rationalisation of tax rates, easier visa processes and more incentives by state governments to promote investments are some of the key issues that need to be addressed for India's hospitality sector to realise its full potential, Hotel Association of India President K B Kachru said ahead of the Budget.

Budget 2025: Hospitality sector seeks infra status, rationalisation of tax rates

Band-baaja-baaraat will increase business. Band-baaja-baaraat, rain of money! Estimated business of ₹4.25 Lk Cr, know complete details in this video.

Now Band-Baja-Baraat will increase business! Will it rain money?

Discussion on Kamat Hotels' business and sector outlook. What will be the profit growth in future? How many hotels are planned to be opened this year? Know from the company's CMD Vitthal Kamat what are the plans to increase the occupancy?

Kamat Hotels: How will be the profit growth in future?

The report highlights that in the Q1 of 24, the branded hotel openings included 36 hotels with 2,316 keys (rooms), out of which 75 per cent of the total number of keys were located in Tier II and III cities, such as Jaipur, Indore, Surat, and notably Ayodhya. During Q1, there were a total of 90 hotel signings comprising 9,710 rooms.

Tier-II and Tier-III cities like Ayodhya becoming the growth drivers of hospitality sector

ICRA report on hotel industry: Income growth possible at 7-9% in FY25 (YoY) against 14-16%, know complete details

ICRA report on hotel industry, income growth possible at 7-9% in FY25 as against 14-16%

Hospitality technology platform OYO on Tuesday announced its foray into premium resorts and hotels category with the launch of its new brand -Palette with plans to have a total of 50 properties by second quarter of FY24.

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OYO enters premium resorts, hotels category, launches Palette brand

Diwali 2022: Hospitality, tourism sector witnesses surge in bookings for extended festive weekend - check most popular destinations 

In terms of the potential of the travel and tourism industry, Chhatwal said it has the potential to grow three times from the pre-pandemic levels to USD 600 billion by 2030 and accelerate by five times to reach USD 3 trillion by 2047.

Hospitality sector demands change in infrastructure status to drive growth, benefit more cities

Available on the Flipkart app, this new platform is said to provide a hassle-free booking experience and timely communication through popular messaging apps.

Flipkart forays into hospitality business, launches domestic and international hotel bookings

OYO expansion plan: Currently operating around 1350 properties in the southern states of Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, Telangana, and the Union Territory of Puducherry, OYO aims to increase its storefronts by 500-700 in the region.

OYO expansion plan: Hotel aggregator to add 600 new properties in South India by year-end

Started in 2020, the company has 2,000 beds across 40 properties in the three cities and it aims to touch 4,000 beds by June next year.

Co-living startup Settl. plans to double beds capacity by June 2023

Why there was a stir in the hospitality sector? Where are people going on the long weekend? Which is the top getaway spot in this long weekend? Know full details from Ashish Chaturvedi.

Long Weekend | Why Hospitality Sector Is In Focus? Which Is The Top Getaway Spot In This Long Weekend

Driven by the reopening of the retail, hospitality and education sectors after a long 18-20 months of pandemic-driven lockdowns, India saw a 26 per cent (on-year) growth in hirings in the month of November as compared to last year, a new report showed on Friday.

Retail, hospitality sectors bounce back in India; see 26% hiring in November: Report

In a good news for hotel industry, the hospitality sector is all geared-up to reopen from June 8 with adequate safety protocols as per the latest Unlock 1 guidelines by the Modi government.

Hotel industry alert! How long will hospitality sector take to bounce back? Survey reveals eye-opening details

hospitality-sector

Lack of infrastructure status, rationalisation of tax rates, easier visa processes and more incentives by state governments to promote investments are some of the key issues that need to be addressed for India's hospitality sector to realise its full potential, Hotel Association of India President K B Kachru said ahead of the Budget.

The report highlights that in the Q1 of 24, the branded hotel openings included 36 hotels with 2,316 keys (rooms), out of which 75 per cent of the total number of keys were located in Tier II and III cities, such as Jaipur, Indore, Surat, and notably Ayodhya. During Q1, there were a total of 90 hotel signings comprising 9,710 rooms.

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Hospitality Sector

Budget 2025: Hospitality sector seeks infra status, rationalisation of tax rates

Now Band-Baja-Baraat will increase business! Will it rain money?

Kamat Hotels: How will be the profit growth in future?

Tier-II and Tier-III cities like Ayodhya becoming the growth drivers of hospitality sector

ICRA report on hotel industry, income growth possible at 7-9% in FY25 as against 14-16%

OYO enters premium resorts, hotels category, launches Palette brand

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