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By Nishang Narayan
Published on January 24, 2025
With the Union Budget 2025 on the horizon, the travel and hospitality sectors are optimistic about government initiatives to drive growth and recovery. Industry leaders are calling for focused measures to unlock the potential of a sector that contributes 7% to India’s GDP and supports over 39 million jobs.
Yogesh Mudras, Managing Director of Informa Markets in India, highlighted the sector’s immense potential, stating, “With India projected to reach a $125 billion tourism market by FY27, targeted measures are crucial. Investments in infrastructure such as airports, roads, railways, and public transportation can enhance connectivity and accessibility for both domestic and international travellers.” He further emphasized the need for simplifying GST for hospitality and aviation, financial support for MSMEs, and streamlined visa processes to attract digital nomads.
Mudras also underscored the importance of technological advancements and sustainability in shaping the industry’s future. He suggested incentivizing smart tourism and encouraging the adoption of AI, blockchain, and IoT to enhance traveler experiences and operational efficiency. Sustainability initiatives, such as eco-friendly infrastructure and waste management, are also crucial for long-term growth.
The upcoming Mahakumbh 2025 in Prayagraj presents a unique opportunity for the sector. With a proposed budget of ₹6,990 crore, the event is expected to generate approximately ₹25,000 crore in revenue and attract around 400 million visitors. The tourism and accommodation sectors are anticipated to benefit significantly, potentially contributing ₹40,000 crore to the economy.
Ambika Saxena, Group CEO of TWH Hospitality, echoed the sentiment, emphasizing the need for increased budgetary allocation to support tourism in emerging destinations. She remarked, “Strengthening domestic tourism initiatives and introducing policies to attract international tourists will not only boost employment but also attract investments and contribute significantly to India’s GDP.”
The industry sees Budget 2025 as a pivotal moment to position India as a global tourism leader. With domestic tourism witnessing a 14.8% revenue growth and a long-term vision of establishing a $4 trillion tourism economy by 2047, stakeholders are hopeful for progressive policies and strategic investments that will ensure a thriving and sustainable future for the sector.
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By Manu Vardhan Kannan
Published on August 18, 2025
Apeejay Surrendra Park Hotels Limited (ASPHL) announced its financial results for Q1 FY26, recording a net profit of Rs 13 crore. Revenue from operations stood at Rs 154 crore, a 14% increase year-on-year, while operating EBITDA grew 16% YoY to Rs 45 crore. The company maintained an industry-leading occupancy of 92%, reaffirming its leadership in the hospitality sector.
ASPHL’s growth is fueled by expansion into Tier 2 and Tier 3 markets. The company recently signed an MoU to acquire and manage four leisure properties in Goa, Manali, Shimla, and Dharamshala, adding 138 rooms under its brand. These steps align with ASPHL’s strategy to broaden its presence in high-potential tourism destinations and double its key count to 5,750 over the next five years.
Flurys, ASPHL’s iconic bakery and confectionery brand, now operates 102 outlets nationwide, reflecting the company’s focus on expanding its market presence while integrating modern amenities with rich cultural heritage.
Commenting on the performance, Vijay Dewan, Managing Director, Apeejay Surrendra Park Hotels, said,
"We have delivered an extraordinary and best-ever Q1, setting a strong momentum for the year ahead. With topline growth of 14% and EBITDA growth of 16%, we recorded India’s highest occupancy of 92% and maintained leadership in RevPAR in the upper-upscale segment. ARR improved by 13% and RevPAR increased by 12%. With nearly 600 new rooms added, including a 41% rise in our asset-light model, and nationwide Flurys rollout, we are poised to scale faster, enhance margins, and deliver exceptional shareholder value."
ASPHL’s strong performance in Q1 FY26 underscores its strategic focus on market expansion, operational excellence, and premium guest experiences.
Published on August 10, 2025
Marriott International, Inc. has declared a quarterly cash dividend of 67 cents per share on its common stock, reaffirming its commitment to delivering shareholder value. The dividend will be paid on September 30, 2025, to shareholders who are on record as of August 21, 2025.
Alongside the dividend announcement, the hospitality giant also revealed an expansion of its share repurchase program. The board of directors has authorized the repurchase of an additional 25 million shares of its Class A common stock. This comes in addition to the approximately 7.4 million shares that were still available under previous authorizations as of July 30, 2025.
Marriott has already bought back 6.4 million shares this year, amounting to $1.7 billion. These moves reflect the company’s continued confidence in its financial stability and long-term performance, aiming to strengthen shareholder value through strategic capital allocation.
By Author
Published on August 4, 2025
In what was intended to be a smooth digital transformation, postal services across the Chennai Circle continue to remain disrupted even days after a scheduled upgrade to India Post's new IT 2.0 system. The software transition—part of a broader effort to modernize the nation’s postal network—was implemented on August 2nd and 4th across Chennai North and South divisions. However, officials have now confirmed that technical issues still persist, leaving customers and businesses grappling with delayed or inaccessible services.
Key services such as Speed Post, registered mail, parcel bookings, and money orders have either been significantly slowed or paused altogether in many branches. Despite expectations that systems would normalize post-upgrade, the rollout of the Advanced Postal Technology (APT) system has proven more complex than anticipated.
“We are still working on stabilizing the system. There have been unforeseen glitches post-upgrade, and our teams are actively resolving them,” said a senior postal official who requested anonymity.
The disruption has raised concerns across industries—including the hospitality sector—where timely document dispatch, license renewals, vendor payments, and customer correspondence are crucial to daily operations.
Experts and industry stakeholders are now calling on India Post to introduce alternative operational strategies or backup mechanisms during such large-scale transitions.
“In a digital age where seamless service is non-negotiable, a complete blackout due to a software update is avoidable. A fallback process, whether manual or cloud-based, should be in place to ensure continuity,” said a Chennai-based hospitality consultant.
The hospitality industry relies heavily on postal services for legal documentation, international communication, and procurement logistics. The ongoing delays have caused bottlenecks not just in operations but also in customer experience delivery.
As authorities continue to work toward a resolution, the broader question remains: Should India’s essential public infrastructure be this vulnerable to a single system upgrade? The answer may lie in future-proofing core services with hybrid digital models that include disaster recovery plans and parallel systems.
Hospitalitynews.in will continue to track updates as the situation evolves.
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