Tourism Breaking News
Mandeep S Lamba, President (South Asia), HVS ANAROCK, during a webinar, has advised hotel owners in India to not sell right now. “This is not a great time to sell. But if your cash flows are not holding out and you have no other way of managing it, then there is no option but to sell. Other than that, I would advise everybody to hold on because valuations will be a little depressed if you sell now. So the best advice I can give hotel owners is that if you have the ability to manage your cash flows for the next 12 months, then just hold on,” he advises.
Breaking News
- World’s steepest cableway opens Switzerland with a new direct connection between Stechelberg and Mürren
- AP Tourism Minister unveils state’s Tourism Policy 2024-2029, aims to attract ₹25,000 crore investment
- Tourism is not just about economic value, but also about fostering deeper global ties: Puneet Chhatwal
- Infrastructure is the scaffold holding tourism sector together, says Mugdha Sinha, Director General, MOT
- Year End Hospitality Quote from Dr. K Prakash Shetty , Founder & Chairman , MRG Hospitality & Infrastructure Pvt. Ltd
- Tourism Minister Shekhawat urges industry to create document on reinstating SEIS scheme in a new format
- ITQ to implement tech solutions for travel agents to help them handle their customers better and scale up their business: Anoop Tewari
- More Indians want to fly business class this holiday season
- India leads global tourism surge with record spending and luxury travel trends
- Unless we address the supply side immediately, we risk missing the tourism opportunity altogether: Suman Billa
- We must shift focus to international market, specially high-value tourism, for greater unit value realisation: Amitabh Kant
