Monday 30 December 2013

Natural calamity, economic slowdown make 2013 an average year for hospitality industry

New Delhi: For a country aspiring to be one of the sought-after global tourist destinations, the Indian hospitality industry witnessed an 'average' year in 2013 as slowdown in Europe and other nations hurt tourist arrivals, while taxation issues continued to plague the sector.
                                  http://daily.bhaskar.com/article/NAT-SPL-an-average-year-not-much-to-cheer-for-hospitality-industry-in-2013-4479410-NOR.html 
The natural calamity that struck Uttarakhand badly hurt tourism in pilgrimage locations in the state.
 However, considering the overall long term potential of the country, several companies went ahead with their expansion plans, be it from global hospitality chains such as Starwood, InterContinental and Kempinski, or domestic players like Apeejay Surrendra Park Hotels and Lalit Suri Hospitality, the announcements kept coming.Read more

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