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HOTEL INDUSTRY REFORMS
Ladakh slashes red tape: LG Saxena announces landmark tourism reforms to boost ‘ease of doing business’Ladakh's tourism and hospitality sector is set for a major transformation. Lieutenant Governor Vinai Kumar Saxena has approved significant ...
Govt announces 70% allocation of commercial LPG with focus on priority industriesThe Indian government has boosted commercial LPG allocation to states and union territories to 70 percent. This move prioritizes key indust...
Union Budget 2026: HAI urges tailored reforms to lift hospitality growth, resilienceThe Hotel Association of India is calling for key policy changes. They want hotels to be recognized as infrastructure. This would help with...
Hotel stays for rooms with tariff till Rs 7,500 to cheaper by up to Rs 525 from MondayEffective Monday, hotel rooms costing Rs 7,500 or less will see a price reduction of up to Rs 525 due to revised GST rates. The reduction f...
GST reforms to provide relief to families, ease compliance for businesses: India IncIndustry bodies said the clarity will ease compliance, reduce litigation, and give businesses and consumers much-needed predictability. The...
How crucial is immigration for the US hotel industry?The U.S. hotel and hospitality industry faces potential labor shortages due to immigration crackdowns, despite employing millions, includin...
As Indians splurge on travel, will Budget 2025 bring tax turbulence or tailwinds?Budget 2025 has the travel industry anticipating potential changes. Key issues include investment in tourism infrastructure, rationalising ...
Budget 2024: FHRAI demands infrastructure status for hospitality sector from SitharamanBudget 2024: The Federation of Hotel & Restaurant Associations of India (FHRAI) unveiled a set of pre-budget expectations on Wednesday. The...
Advocating for a change: IHCL's Puneet Chhatwal pushes for 'industry' status in the hospitality sectorIHCL's MD & CEO Puneet Chhatwal emphasised the need for granting industry status to the hospitality sector. Chhatwal highlighted the longst...
Highways to overseas oilfield acquisition: Vajpayee a bellwether policy reformerRegarded by some as the father of second generation economic reforms, Vajpayee was decisive and pursued his reforms agenda with vigour with...
Piramal Finance likes hospitality, plans more betsPFL has invested Rs 650 crore in Vatika Hotels, which owns The Westin Gurgaon, a 313-room keys hotel located in Gurugram.
It’s now or never for India to undertake extensive reforms: Jyotsna Suri"For any material changes in the investment climate to start showing results on the ground, we need to wait for at least 18-24 months," Sur...
- Indian hotel industry's Q2 margins may hit 5-year low of 8%: ICRA
ICRA today said it expects the Indian hotel industry's margins to slide to a 5-year low of up to 8% in the second quarter of this fiscal du...
Can services-led growth continue?There is a mystery within a mystery: a big chunk of services growth has come from traditional services not targeted by reforms.
- Bombay Chambers' conference to look at maritime industry
Bombay Chamber Conference on ‘The Maritime Industry – Catalyst for Economic Growth’, which will be held on March 17-18, 2009 at the Hotel T...
- Chidambaram meets FIIs in Mumbai
Union Finance Minister P Chidambaram on Thursday commenced his meeting with the representatives of Foreign Institutional Investors (FIIs) t...
- Twenty four PILs against govt disinvestment
As many as 24 public interest litigation petitions were filed challenging the government’s disinvestment proposals despite the Supreme Cour...