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The Indian hospitality industry has experienced prominent growth in recent years due to various factors, including the rising purchasing power of domestic travellers, an increase in commercial development and foreign tourist arrivals, a growing airline industry and government-led initiatives aiming to stimulate the sector. There is a great deal of scope to expand tourism across India, and as the country improves air travel connections and relaxes visa restrictions, tourist arrivals should increase. The Indian hotel industry is highly fragmented, with a large number of small and unorganised players dominating the market. In recent years, there has been a shift towards the mid-market and budget segments in the industry, and the development of hotel aggregators in the budget space, who have consolidated the massive and unorganised hotel market.

HVS Monday Musings: Corporate Travel is Bouncing Back, but Omicron is a Threat to Recovery

By Mandeep S Lamba and Dipti Mohan

Corporate travel has been gathering up steam globally, albeit slowly, as after several months of virtual meetings and video conferencing, in-person meetings are finally making a comeback. According to a recent report by World Travel & Tourism Council, global business travel spending is expected to rise 26% in 2021 and 34% in 2022, bringing it to two-thirds of pre-pandemic levels by the end of 2022.

Fortune Hotels goes the pilgrim way

Gurgaon, - Fortune Hotels, a wholly-owned subsidiary of ITC Ltd announced the signing of two individual operating agreements for hotels in Katra (Jammu & Kashmir) and Amritsar (Punjab), thereby strengthening its growth strategy in key pilgrim locations and adding over 100 new rooms to its existing inventory.

Vivanta Sikkim, Pakyong

Indian Hotels Company (IHCL) today announces the debut of its first hotel, Vivanta Sikkim in Pakyong. The stylishly designed hotel is set amidst lush paddy fields and bamboo forests with stunning views of the snow-capped Himalayas.

Radisson Blu Hotel & Spa Nashik

Radisson Blu, an upper upscale brand that delivers a positive and personalized service in stylish spaces, is proud to announce the opening of Radisson Blu Hotel & Spa, Nashik. Nestled at the foothills of the two-millennia old Pandav Caves, just off Nashik Mumbai highway, this idyllic hotel is conveniently accessible through air, rail and road from Mumbai and Pune and is the apt choice for business and leisure travelers alike.

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