Budget quote by Ms. Sonal Sahoo, Director and Co-founder of Lyfe Hotels and Resorts...
New Delhi, February 03, 2025: The 2025 Union Budget has a few prominent provisions for boosting the tourism and hospitality sector. The plan to develop 50 new tourism destinations in collaboration with state governments is very exciting. This will...
Pre-budget quote by Saurabh Wadkar, Founder, Rooted – a gourmet Indian meal subscription service
New Delhi, January 18, 2025: The Union Budget 2025 offers a golden opportunity to uplift India’s restaurant and food delivery sector, especially for small businesses that are the heart of this industry. Reinstating Input Tax Credit (ITC) under GST...
Post Budget Reactions from Hospitality Leaders
Mr. Nandivardhan Jain, CEO & Founder, Noesis Capital Advisors
The Union budget has shown positive signs for the Hospitality, Travel, and Tourism industries, the Union Finance Minister Nirmala Sitharaman has encouraged the states to set up a 'Unity Mall' in...
Post- budget quote from Mr Sarbendra Sarkar, Founder, Cygnett Hotels and Resorts
New Delhi, February 01, 2022: Extension of ECLGS scheme with additional allocation for the hospitality sector is a welcome move. As we all are aware the hospitality sector has been one of the hardest hit sectors because of COVID....
Budget Reaction of Mr. Vineet Verma Executive Director & CEO, Brigade Hospitality
New Delhi, February 01, 2022:Hospitality & Tourism sectors have most regrettably been given the short shrift in the Union Budget 2022-23. Except for the extension of ECLGS till March 2023, there is no other announcement that could have provided...
Some relief but there was opportunity for more support for stressed tourism: FAITH
Mumbai, February 01, 2022: FAITH, the policy federation of all the national associations representing the complete tourism, travel and hospitality industry of India (ADTOI, ATOAI, FHRAI, HAI, IATO, ICPB, IHHA, ITTA, TAAI, TAFI) has said that more direct &...
Post budget reaction from Kush Kapoor, CEO , Roseate Hotels and Resorts.
New Delhi, February 01, 2022: The hospitality industry has been severely battered by three consecutive Covid 19 induced waves over last two years. The extension of ECLGS moratorium extention by one year for the hospitality sector will come as...
Budget Views Madhavan Menon, Managing Director, Thomas Cook India Group
New Delhi, February 01, 2022: The Union Budget 2022-23 reflected a development and investment orientation, with much needed emphasis on infrastructure, technology, skill development and health.
From a Travel & Tourism perspective however, the Union Budget has been disappointing. The...
Post-Budget Reaction by Mr. Manish Khandelwal, Commercial Director- India, Wavin
New Delhi, February 01, 2022: “With the growing demand for housing and development, we are happy with the increased attention and budget allocated towards overall infrastructure of the country by the Honorable finance minister in her budget speech today....
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Cygnett Park Asia Announces Opening of ‘Cygnett Pavillion’ restaurant &‘Reputations’...
New Delhi, December 08, 2018: Cygnett Park Asia an upscale Hotel brand of Cygnett Hotels and Resorts relaunches its finest “Cygnett Pavilion”restaurant and ‘Reputations’ Cafe Lounge with...
