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Hospitality Sector
Hotel Association of India on Wednesday called policymakers to prioritise sector-specific reforms to drive growth and resilience in the hospitality sector, while reiterating demand for infrastructure status and allowing of industry benefits to hotels. Sharing the hospitality industry's expectations in the upcoming Union Budget, Hotel Association of India (HAI) President K B Kachru said the hotel sector should be given due recognition for its significant contribution to GDP, jobs, and foreign exchange earnings. Kachru, who is also Chairman, South Asia, Radisson Hotel Group, urged "policymakers to prioritise sector-specific reforms to drive growth and resilience in the hospitality sector". "The hotel sector should be given due recognition for its significant contribution to GDP, jobs, and foreign exchange earnings. The key policy interventions are according the infrastructure status and allowing industry benefits to hotels," he said in a statement. This will encourage investments in
As yet another new year dawns, India's hospitality sector is gearing up for sustained growth momentum with a clear outlook of continued expansion, readying to welcome more foreign tourists than in pre-COVID days and hoping that their long-pending demand for infrastructure status will finally be granted by the government. Ever grateful to 2025 a "year of renewed optimism" hospitality players said that in 2026, the sector will continue to be predominantly domestic demand-driven, a trend that is structural rather than cyclical, with India's robust macroeconomic environment continuing to provide a strong foundation for the industry's growth. A harmonised infrastructure status for the hotel industry could unlock significant capital inflows for the sector, as it will facilitate easier financing, longer loan tenures, and lower interest rates, enabling smoother access to capital and reducing project delays caused by financial constraints. The structural reform will also bolster India's ..