Tag Archives: FHRAI

Outlining its expectations from the Budget 2025-26, FHRAI urges the government to introduce reforms that will address the critical challenges faced by the hospitality and tourism sector. It believes these reforms will increase investment, create employment, and support overall economic growth in the industry. FHRAI’s primary recommendation is to grant infrastructure status to hotel and convention center projects with costs starting from ₹10 crore.

K Syama Raju, President, Federation of Hotel & Restaurant Associations of India (FHRAI), said, “Andhra Pradesh Tourism Policy 2024-29 marks a transformative step in unlocking the state’s tourism potential. By aligning infrastructure development, private investment, and workforce training with sustainability and community welfare, the policy aims to position AP as a leading player in India’s tourism industry while benefiting local communities and the hospitality sector.”

K Syama Raju, President, Federation of Hotel & Restaurant Associations of India (FHRAI), said, “The future of India’s hospitality sector and tourism is bright, with substantial growth expected in 2025 and beyond. Domestic tourism is projected to grow by 15–20%, driven by govt initiatives. The travel market is on track to reach $125 billion by FY27, with the hotel market set to grow from $32 billion in FY20 to $52 billion.

FHRAI suggested Ministry of Tourism to establish a central portal by NCHMCT to address the ongoing human resource shortages and skill gaps faced by the hospitality industry. It also suggested updating curriculums every 3-5 years as per industry trends, and balancing the allocation of seats for both managerial and frontline roles.

The Ministry of Tourism expects 30.5 million international visitors to come to India by 2028. According to Pradeep Shetty, Vice President, FHRAI,  hotel occupancy rates are anticipated to rise to 75 per cent or higher, driven by increased leisure and business travel and a surge in foreign arrivals. The MICE segment is set to contribute significantly, with India hosting multiple high-profile global events.

Pradeep Shetty, Vice President, FHRAI, said, “Delinking F&B rates from accommodation tariffs will empower the industry to adjust pricing based on market dynamics and customer demand, fostering growth across all segments. It will also streamline tax compliance, ensuring a win-win for both the industry and government revenues.”

The Federation of Hotel & Restaurant Associations of India (FHRAI), the third largest hospitality association in the world, in collaboration with the National Council for Hotel Management and Catering Technology (NCHMCT) and the Hotel & Restaurant Association of Northern India (HRANI), successfully hosted the HR Summit on Education and Career in Hospitality on 14th November, 2024 at Hotel Le Meridien, New Delhi. The event was inaugurated by Gyan Bhushan, IES, CEO, NCHMCT, and brought together over 200 industry leaders, educators, and government representatives to discuss the future of hospitality education and career opportunities in India. FHRAI hosted the HR Summit with over 200 industry leaders, educators, and government representatives. The summit focused on major challenges in hospitality, such as the shortage of skilled workers, low student enrolment, and high employee turnover. FHRAI shared a report on the key challenges facing India’s hospitality sector. Discussions emphasised the need for collaboration between industry, educational institutions, and the government to close the skills gap and build a stronger workforce. The summit had three important sessions on career opportunities, improving enrolment and retention, and managing human resources in hospitality. FHRAI, NCHMCT, and HRANI discussed the importance of skill development, as the hospitality sector is expected to create millions of new jobs in the future. The summit focused on key challenges including the shortage of skilled workers, low enrolment in hospitality courses, and high employee attrition rates. Stakeholders discussed strategies to address these issues, including improving the quality of hospitality education, bridging the skills gap, and creating more sustainable career pathways for aspiring professionals. Gyan Bhushan, IES, CEO, NCHMCT & Senior EA(T), Ministry of Tourism, Government of India, said, “I believe today marks a truly …

Pradeep Shetty, President, Federation of Hotel & Restaurant Associations of India (FHRAI), revealed that India’s hospitality industry contributes 12-13% to the GDP and employs over 12% of the workforce. These figures place the industry ahead of both the automobile and IT sectors in terms of economic contribution.

At 54th FHRAI Annual Convention, Pradeep Shetty, President, FHRAI, highlighted the need for long-term financing in the hospitality sector, with current funds only available for 7-8 years. He urged for regulatory reforms, including streamlined licensing and single-window systems, to unlock the industry’s full potential.

Pradeep Shetty, President, FHRAI, projected that the hospitality industry will contribute US $250 bn to India’s GDP by 2030, supporting 137 million jobs. He stressed on the role of long-term financing and regulatory reforms to achieve this vision, aiming for a US $3 tn contribution by 2047.