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By Author
Published on November 7, 2023
Goa’s scenic vistas and vibrant culture have always been a magnet for travelers from around the world. However, it’s the recent introduction of bed and breakfast (B&B), caravan, and homestay accommodations policies that are set to reinvigorate the region’s tourism, especially benefitting the Micro, Small, and Medium Enterprises (MSMEs) at the heart of Goa’s hospitality.
Gautam Mehra, founder & director of myATITHI.global, hailed these policies as more than just regulatory changes. "They're an invitation to dream bigger and a commitment to support from the Goa Government," he expressed, emphasizing the promise of prosperity for the grassroots enterprises that give Goa its unique charm.
Empowering Local Enterprises
These policies aim to slash through red tape and financial hindrances that often stifle small businesses. By simplifying regulatory processes and providing financial incentives and training programs, the state is nurturing a fertile ground for MSMEs to bloom. This means that local B&Bs, caravan operators, and homestay hosts are now better equipped to enhance their offerings and compete on a larger stage.
Affordable Accommodations for Travelers
In an attempt to make travel more accessible, the policies incentivize affordable lodgings. Tax breaks and subsidies for these businesses are expected to make Goa an even more attractive destination for budget-conscious travelers, thereby helping MSMEs to flourish.
Investing in Local Talent and Youth
The government's introduction of skill development initiatives ensures that the quality of hospitality services will continue to rise. This, paired with youth engagement programs, aspires not only to elevate service standards but also to imbue the young population with a vested interest in the state’s tourism sector.
A New Chapter in Goa’s Tourism Story
By focusing on small business empowerment, Goa is poised to redefine its tourism landscape. The infrastructural upgrades, skill enhancement programs, and a welcoming ambiance are all designed to captivate more international and domestic tourists, setting a precedent for sustainable and inclusive growth in the region.
Looking to the Future
While the policies have been met with optimism, experts believe that there's room for improvement. Incorporating advanced digital marketing strategies could extend Goa's charm to a global audience. Sustainable infrastructure development, improving transportation networks, and diversifying tourism experiences are other areas where strategic enhancements could amplify the policies’ impact.
As Goa looks forward, the path is clear. The state aims to not only enhance its standing as a premier tourist destination but to do so by fostering a thriving, sustainable environment for its local businesses and communities.
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By Manu Vardhan Kannan
Published on September 14, 2025
Royal Caribbean Group (NYSE: RCL) has announced a significant increase in its shareholder returns, declaring a 33% hike in its quarterly dividend. The company’s Board of Directors approved a dividend of $1.00 per common share, payable on October 13, 2025, to shareholders of record at the close of business on September 25, 2025.
Jason Liberty, President and CEO of Royal Caribbean Group, said the move underscores the company’s confidence in its performance and long-term growth strategy. “Today’s dividend increase reflects both the strength of our performance and our commitment to return capital to shareholders. This increase in dividend, along with our ongoing share repurchase program, highlights our balanced approach to capital allocation, returning value to shareholders while funding future growth,” Liberty stated.
Royal Caribbean Group is a global leader in the vacation industry, operating a fleet of 68 ships across five brands that serve millions of guests annually. Its portfolio includes Royal Caribbean International, Celebrity Cruises, and Silversea, as well as land-based experiences such as Perfect Day at CocoCay and the Royal Beach Club collection. The company also holds a 50% joint venture in TUI Cruises, which manages brands like Mein Schiff and Hapag-Lloyd Cruises.
With a reputation for innovation and guest-focused experiences, Royal Caribbean Group continues to expand its global footprint while maintaining its commitment to responsible and sustainable growth.
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.
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