invest in hotel industry
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Nibedita Mohanta May 15 2019 - 3 min readIndia’s rising middle class and increasing disposable incomes has continued to support the growth of domestic and outbound tourism. As per the Ministry of Tourism, foreign tourist arrivals (FTAs) in India increased 19.5 per cent year-on-year to 630,000 in May 2017. FTAs on e-tourist visa increased 55.3 per cent year-on-year to 68,000 in May 2017. ...
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Shahram Warsi Oct 11 2018 - 2 min readWith the domestic success of hotel chains like OYO rooms, new entrepreneurs are targeting this segment for turning their vision into reality. Keeping the wellness trends and demand in consideration, the hotel business is expected to rise more in coming years. Here are key points to consider before establishing a luxury hotel business. Plan your ...
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Sneha Santra Sep 12 2018 - 3 min readThe hospitality industry largely depends on its customer relationships. A hotel franchise should always strive to maintain a healthy and positive guest relation to generate maximum revenue. Recently, an incident of sexual harassment came into light. An American vlogger documented her harrowing experience of sexual harassment in one of the fancy hotels in India. The ...
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Ramanjit Kaur Sep 29 2017 - 4 min readIndian Tourism is fast moving towards becoming world’s no. 1 tourist destination. As per WTO’s (World Trade Organisation) prediction India will be receiving approximately 25 million tourists by 2015. Considering this growth of Indian tourism hotels and resorts, it appears to be one of the most lucrative businesses in India in the coming years. So ...