Tag Archives: hospitality sector

A comprehensive Vision plan for 2024 has been released by FHRAI (Federation of Hotels & Restaurants Association of India) which includes the creation of the Center of Excellence in Tourism and Hospitality and the return of the FHRAI Annual Convention from 16-18 October in Goa. The move aims to elevate industry standards, and cultivate excellence.

Pradeep Shetty, President, HRAWI, said that the implementation of industry status will offer waivers and reliefs which are critical for the growth of hospitality. “We anticipate the forthcoming policy will promote the growth of tourism in Vidarbha and Maharashtra at large,” he added.

KB Kachru, Chairman Emeritus & Principal Advisor, Radisson Hotel Group, South Asia highlights that looking ahead to 2024, the emphasis is expected to shift towards technology-driven conveniences, a lot of learnings, sustainability, and experiential travel.

ITC’s Hotel Group announced the signing of its first Storii property in Kolkata, West Bengal. With the addition of this hotel, the Group will have 9 properties in West Bengal, including 4 under development.  A total of three Storii properties are already in operation across India; Storii Shanti Morada & Storii Moira Riviera in Goa and Storii Amoha Retreat in Dharamshala.  Storii Kolkata is expected to open in early 2024 and will offer spacious well-appointed rooms and suites with an all-day dining restaurant & bar and banquet spaces.  The major attraction of this leisure destination will be the signature K by Kaya Kalp spa. Surrounded by water bodies, the spa will reflect the grandeur of ancient Bengal where water pools were an integral element of the design and architecture. The spa is being developed as an oasis of tranquillity that leverages the best from India’s ancient traditions of health and wellness as well as modern rejuvenation programs. The sprawling spa sanctuary brings together all of nature’s elements to lighten the mood. From the sun sights to a vast aqua ambience surrounded by fresh open air. The spa will encourage the pursuit of holistic well-being by offering a conducive relaxation environment with large treatment rooms offering various therapies including Ayurveda, a dedicated ‘yogshala’, a meditation room, a swimming pool, fitness center and other recreational facilities.  Anil Chadha, Divisional Chief Executive, ITC Hotels said, “ITC Hotels already has a strong presence in Kolkata. Storii by ITC Hotels, Kolkata will bring a boutique resort offering, away from the hustle and bustle of the metro life. The addition of this property represents our commitment to enrich the tourism landscape of Eastern India with each …

Highlighting the competition in the hospitality market, Deepak Kumar, General Manager, Hilton Mumbai International Airport, said that the competition is so fierce and intense that even after achieving 96 per cent room occupancy, we are sometimes not toppers.”     

Speaking at a programme in Ponda-South, Goa Chief Minister Pramod Sawant said there is a vast scope in the tourism and hospitality sector in Goa. “The way star hotels are established in Goa and increasing footfall of tourists, in future Goa will become tourism capital of India,” he added.  

Naveen Kundu, MD, EbixCash termed the hospitality industry as the ‘sunrise industry’ having an immense potential. “80 per cent growth is expected from the hospitality industry over the next 5-7 years. Today, 25 % of the FDI coming to India will come through hospitality industry,” he said. 

K.B Kachru, Vice President, Hotel Association of India & Chairman Emeritus & Principal Advisor, South-Asia, Radisson Hotel Group said that, “Investments into tourism and hospitality sector will be some of the obvious and immediate gains for hospitality sector.