The government's focus on infrastructure development, improving accessibility and plans to develop 17 sites into world class tourist destinations in this year's Budget will boost the sector, travel and tourism players said.
"The initiative to develop 17 iconic tourism sites into world class tourist destinations will also provide a major fillip to the industry," InterGlobe Hotels Pvt Ltd President and CEO JB Singh said.
Concluding the Union Budget 2019 with infrastructure and innovation at its forefront, the tourism industry is sure to get a boost in years to come, he added.
In a similar vein, Apeejay Surrendra Park Hotels MD Vijay Dewan said: "Development of 17 iconic sites to be transformed in world class destinations will help boost foreign tourist arrivals".
However, industry demands of free visas for five years and competitive GST rate have not been met, he added.
"The Indian travel and tourism sector which has emerged as a key growth driver and is one of the biggest employment generators did not see any concrete provisions in this Union budget," Dewan said.
OYO India & South Asia CEO Aditya Ghosh said: "The boost to infrastructure, labour reforms, access to capital and talent for start-ups and MSMEs alike will drive productivity and consumption, which is also good news for the hospitality, travel and tourism industry".
Saying that developing 17 tourism sites will give a boost to the travel and tourism sector, ITC WelcomHeritage GM Sanjeev K Nayar said: "The budget has talked about developing 17 iconic tourism sites, which we are certain will benefit the hospitality sector and all other stake holders of the travel industry as this will create fresh demand of hotels and other tourist related infrastructure."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
