The FHRAI has requested the FM for urgent measures to save the hospitality sector. It has asked for a moratorium on loans and a special resolution framework for the restructuring of loans, along with a minimum one-year moratorium extension for loans availed under ECLGS. The Federation of Hotel & Restaurant …
Read More »Hopes on domestic market
High-end Indian clients, who used to visit Thailand and South East Asian countries, are now splurging on local tourist destinations and paying better than foreign tourists, which is an advantage. Nisha Verma The domestic market has done exceedingly well, claims JK Mohanty, CMD of Swosti Group, who is also the …
Read More »Taking locals along
Arvind Singh, Secretary, MOT, said that tourism sustainability is about supporting local community and preserving the environment of a region. Nisha Verma Arvind Singh, Secretary, Ministry of Tourism (MOT), said that sustainable tourism is the tourism that leaves the local community at least in a position they are before the …
Read More »Unease over pre-travel testing
M!CE business hasn’t been able to catch a break since COVID-19 broke all over world and the industry is worried if immediate corrective action it is not taken, it may not recover at all this year. Hazel Jain In a bid to adjust to the new normal, the UK has …
Read More »Always synonymous with luxury
Anuraag Bhatnagar, COO, The Leela Palaces, Hotels & Resorts, shares how they utilised the COVID-19-induced lockdowns to open new properties and plan for future growth, while claiming that they plan to stay in the luxury space Nisha Verma The pandemic has not left anyone in the industry untouched, says Anuraag …
Read More »Bonding with travel fraternity
OTOAI recently organised an EOGM in New Delhi, where the participants shared the issues facing the association, its target areas and recent actions. Riaz Munshi, President, OTOAI, also shared the association’s vision for 2022 in the meeting. Janice Alyosius Speaking at the OTOAI’s Extra Ordinary General Meeting, Riaz Munshi, President, …
Read More »Luxury beach resorts added in Puri
Swosti Group is all set to expand its new venture Swosti Premium Beach Resorts, the first five-star premium luxury beach resort at Sipasurubuli, Puri. This will also provide direct employment to 375 people and indirectly employ around 700 people. The events industry in India is all set to get a …
Read More »Watch out for travel trends in 2022
Despite the fact that the path to recovery is not always accurately predictable, we know that travel and tourism industry will revive and continue to grow in 2022. Industry experts have indicated the key trends we expect to see in 2022, especially the growth in the domestic travel. Janice Alyosius …
Read More »Bracing for the year ahead
In the last two years, the business landscape has shifted. The hospitality industry has taken advantage of this shift to manage its sales and revenues better. With new developments, fresh offerings and an optimistic attitude, the sector is gearing up for the coming year. Janice Alyosius The passing year was …
Read More »IHG’s new brands on the anvil
Sudeep Jain, Managing Director, South-West Asia, IHG Hotels & Resorts, shares his experience of 2021 and also what entails for the hospitality in 2022, including new brands suited for the Indian market. He expressed hope that the growth momentum will continue across key markets in India. Nisha Verma Wrapping up …
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