Tag Archives: HAI

“Tourism and hospitality play a crucial role in the growth of the Indian economy. However, there has been no policy announcement to facilitate the development of hotels and the promotion of inbound tourism”, says KB Kachru, President, HAI. The industry will continue to ask for a grant of infrastructure status for the hospitality sector, he said.

Commenting on the Union Budget, KB Kachru, President, HAI, stated, “There is a continued focus on infrastructural development, fiscal prudence and consolidation whereas tourism continues to be accepted as an engine of growth for the economy. The emphasis has been given to spiritual tourism, however, there is no mention of any policy changes to expedite the growth.” He further said, “Tourism and hospitality play a crucial role in the growth of the Indian economy. The continued focus on government spending on infrastructure development augurs well for the sector. Improved infrastructure would translate into better connectivity which will be beneficial to the promotion of tourism. The development of the eastern region especially Odisha, temple corridors in Gaya and  Bodhgaya, Rajgir and the identification of Nalanda as a key tourism site continue to demonstrate the government’s intent to utilize the potential of tourism. Regrettably, however, there has been no policy announcement to facilitate the development of hotels and promotion of inbound tourism. The announcement of GST simplification, comprehensive review of the income tax Act provides some hope for the sector that has been seeking rationalisation of taxes. The benefits to individuals on taxation will augment the spending power. The focus on skilling and incentivising employers for creating jobs are other positives that will benefit all sectors.” Although not directly linked to this budget, the industry would continue pursuing its ask for grant of infrastructure status for the hospitality sector and industry-related benefits by all state governments, Kachru added.

KB Kachru, President, HAI, said, “The forthcoming Union Budget offers an opportunity to unleash the potential of India hospitality in its contribution to India Vision 2047. We request the government to make key policy shifts in the sector by giving infrastructure status to hotels rather than categorising them as luxury, elite or even ‘sin’ goods”.

Hotel Association of India has elected its new Executive Committee, and KB Kachru, Chairman Emeritus & Principal Advisor, South Asia at Radisson Hotel Group is the new President of the prestigious association for a two-year term. Vice President is Rohit Khosla, Executive Vice President, IHCL; JK Mohanty, MD Swosti Group is the Hony. Secretary and Sanjay Sethi, MD & CEO, Chalet Hotels, is the new Hony. Treasurer for the association. Two new EC members include Shashank Bhagat, MD, Radisson Blu Marina Hotel and Sonali Chauhan, General Manager, IHCL.

As per ‘Vision 2047: Indian Hotel Industry’ report by the Hotel Association of India (HAI), Foreign tourist arrivals (FTAs) in India are projected to increase to 15 million by 2024, and touch 25 million by 2030. It is further projected to grow attracting 100 million tourists by 2047. 

HAI has presented ‘Vision 2047 – Indian Hotel Industry-Challenges & the Road Ahead’ to V Vidyavathi, Tourism Secretary. It highlights that direct contribution of hotel industry to GDP was $40 bn in 2022, expected to reach $68 bn by 2027, and $1 tn by 2047.

MP Bezbaruah, Secretary General, HAI, believes that to attract medical tourists, maintaining global standards is a primary requisite. “Thematic creatives on niche tourism products like medical tourism are being used in government campaigns to cater to diverse consumer interests,” he adds.

Rajasthan Police has said that no license will be required by hotels and wedding venues in the state to play music to avoid violation of Copyright Act at any social function, including weddings. MP Bezbaruah, Secy General, HAI has called it a welcome move, while Rajeev Jain, Founder & MD, Rashi Entertainment, has said that money was being illegally extracted by some unauthorized associations and this move will help the industry.

Hotel Association of India (HAI) will be having its conclave on 29 September, 2022 at the Lalit New Delhi, which will be inaugurated by G Kishan Reddy, Union Minister of Tourism, Culture and DoNER, revealed MP Bezbaruah, Secretary General, HAI.

KB Kachru, Chairman Emeritus & Principal Advisor, South Asia, Radisson Hotel Group (RHG) and Vice President, HAI, spoke at the 2nd International Conference on Hospitality and Tourism – Revival Strategies, and said that the industry needs to appreciate and boost the domestic tourism that has revived the sector after the pandemic. He also spoke about the need to be in touch with the market trends like staycation as it emerged with the onset of work from home.