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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 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.
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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