Hospitality Leaders Applaud Union Budget 2025's Boost for Tourism & Innovation

Hospitality Leaders Applaud Union Budget 2025's Boost for Tourism & Innovation

By Manu Vardhan Kannan

Published on February 5, 2025

The Union Budget 2025 has set the stage for significant advancements in India's hospitality and tourism sectors. Industry leaders have expressed optimism about the budget’s strategic focus on tourism infrastructure, enhanced connectivity, and skill development initiatives that are expected to elevate India's global standing as a prime travel destination.

Strengthening Tourism & Hospitality Infrastructure

Mr. Sarbendra Sarkar, Founder & MD of Cygnett Hotels and Resorts, welcomed the government’s emphasis on tourism, particularly the development of 50 key destinations under challenge mode. He highlighted how initiatives such as streamlined e-visas and visa-free access for select tourist groups will boost international footfall. He also appreciated the inclusion of new hotels in these destinations in the Infrastructure Harmonized List (HML), allowing hospitality investors to access infrastructure lending under more favorable terms.

“The move to include new hotels in the HML will provide easier access to larger funds through External Commercial Borrowings (ECBs), enabling greater expansion and modernization in the hospitality sector,” said Mr. Sarkar.

image

Additionally, he noted the positive impact of the government's modified UDAN scheme, which aims to strengthen connectivity to 120 new destinations, particularly focusing on the northeastern region’s helipad development. The enhanced connectivity will unlock untapped tourism potential, further promoting India’s cultural and historical sites.

Hospitality Industry’s Growth Prospects

Echoing similar sentiments, Mr. K Syama Raju, President of the Federation of Hotel & Restaurant Associations of India (FHRAI), emphasized the budget’s role in developing top tourism destinations in partnership with state governments. He lauded the decision to grant Infrastructure Status to hotels in these areas, which will facilitate long-term, cost-effective financing and improve hospitality standards.

“The inclusion of hotels in the harmonious master list aligns with our long-standing request for Infrastructure Status, allowing access to lower-cost funding for hospitality expansion,” said Mr. Raju.

image

Another major highlight was the focus on medical and wellness tourism through the 'Heal-in-India' initiative. With India already being a global leader in affordable, high-quality medical treatments, this initiative is set to attract more international patients, strengthening the country’s healthcare tourism sector.

The government’s focus on religious tourism was also well received. Enhancing infrastructure at key pilgrimage sites is expected to create more organized and accessible travel experiences for both domestic and international visitors. Additionally, the visa fee waivers and simplified e-visa options will further support inbound tourism growth.

Support for Entrepreneurship & Innovation

Innovation and entrepreneurship were also key focus areas in the budget, receiving praise from Mr. Sanandan Sudhir, Founder and CEO of On2Cook. He highlighted the government’s Rs 20,000 crore allocation to promote innovation and the introduction of a fund of funds for next-generation entrepreneurs as pivotal measures for fostering global capabilities in India.

“We appreciate the introduction of the National Framework for promoting innovation in tier 2 cities and the proposal for Centres of Excellence in AI for Education. These initiatives, coupled with the Bharat Trade Net platform to enhance international trade, will play a crucial role in positioning India as a global innovation hub,” said Mr. Sudhir.

image

However, he also urged the government to reconsider the current tax regime and introduce lower GST rates for sustainable, globally patented products. He further suggested subsidizing international certification costs to ease export market entry for startups.

The Road Ahead

Overall, the Union Budget 2025 has been met with enthusiasm from the hospitality and innovation sectors. With targeted infrastructure investments, enhanced connectivity, and policy support for tourism and entrepreneurship, industry leaders believe these measures will position India as a premier global destination for travelers, businesses, and investors alike.


SOCIAL Launches ‘Voices from the Hood’ to Decode Urban Youth Culture

SOCIAL Launches ‘Voices from the Hood’ to Decode Urban Youth Culture

By Author

Published on April 28, 2026

SOCIAL has launched ‘Voices from the Hood’, a first-of-its-kind cultural report offering a detailed look into the evolving lifestyles, behaviours, and aspirations of urban youth in India.

Developed using insights from over 10,000 respondents across multiple cities, the report reflects a generation that is experience-driven, digitally connected, and culturally fluid, balancing ambition with lifestyle, and tradition with modern influences.

Backed by Impresario Entertainment & Hospitality Pvt. Ltd., SOCIAL has long positioned itself as a hub for communities, creators, and young professionals. With this report, the brand extends its role from a cultural space to a cultural observer and documenter of youth trends.

image

Commenting on the initiative, Riyaaz Amlani, Founder and Managing Director, Impresario, said the report aims to capture the everyday rituals, ambitions, and cultural moments that define young India. Divya Aggarwal, Chief Growth Officer, added that the findings serve both as a cultural lens and a strategic tool to stay aligned with evolving consumer realities.

Key Insights from the Report

image

Lifestyle & Entertainment
Entertainment for young India is no longer passive. It blends digital and real-world experiences, from streaming and gaming to live events and travel. Cinema remains the most popular outing, while adventure activities and live performances continue to gain traction. Platforms like Netflix and Amazon Prime Video dominate home entertainment, reflecting strong digital engagement.

Aspirations & Beliefs
The report highlights a generation that is ambitious yet introspective. Financial success is a key priority, while perspectives on relationships and traditions continue to evolve. Entrepreneurship is emerging as a strong aspiration, alongside growing awareness of challenges such as education, mental health, and employment.

Dining Trends
Dining out has become a core social ritual, with restaurants functioning as modern social spaces. Discovery is largely digital, led by word-of-mouth, social media, and platforms like Zomato. Spending patterns indicate a balance between affordability and indulgence, with frequent dining emerging as a norm among urban youth.

Nightlife Behaviour
Nightlife is increasingly experience-led, centred around music, community, and social interaction rather than just drinking. While a majority consume alcohol, a significant segment prefers non-alcoholic experiences, reflecting diverse preferences. Premiumisation trends are also visible in beverage choices.

Delivery Habits
Food delivery is now a daily lifestyle behaviour, driven by convenience and variety. Platforms like Swiggy and Zomato dominate usage, highlighting the role of digital ecosystems in shaping consumption.

Beyond data, ‘Voices from the Hood’ positions itself as a cultural snapshot of contemporary India, capturing how young consumers interact with food, entertainment, travel, and social spaces.

As India’s youth continue to influence both cultural and economic trends, the report offers valuable insights for brands, creators, and the hospitality industry, helping them better understand and engage with the next generation.


Otherland Hotels Announces Sri Lanka Debut with Oceanfront Property in Galle

Otherland Hotels Announces Sri Lanka Debut with Oceanfront Property in Galle

By Manu Vardhan Kannan

Published on April 28, 2026

Otherland Hotels has announced its entry into Sri Lanka with the upcoming launch of Otherland Galle, a 66-key oceanfront property set to open in June 2026. Located near Galle Fort on the southern coast, this marks the brand’s first international project and a key step in its expansion across South Asia.

Founded in 2023 in Bengaluru by Rishi Sreedharan and Samarth Gowda, the brand was created to offer a fresh take on lifestyle hospitality. With its first property in Galle, Otherland Hotels aims to position itself within a space that connects local culture, travel, and creative communities. The location has been chosen for its surf culture, growing tourism appeal, and evolving creative scene.

The upcoming property is designed to go beyond a traditional hotel stay, focusing on experiences that feel connected to the destination. The brand’s approach is built around four key ideas: fluid experiences, rooms as basecamp, human hospitality, and differentiated F&B. Through this, Otherland aims to create spaces that are both functional and engaging for modern travellers.

Speaking on the launch, Rishi Sreedharan, Founder & CEO, Otherland Hotels, said: "South Asia is loud, alive, dripping with culture and taste, and deserves a hospitality brand that can speak its language without putting on a costume. Otherland is our vision to achieve this. We want to be unmistakable somewhere, and then somewhere else, and then again , each time earning our place with a distinctive lifestyle language, built for the modern traveller who wants more than just an accommodation. Galle, with its excellent surf culture, evolving tourism landscape, and exciting creative subcultures, is exactly the kind of place where we want to be."

The project is being developed with the vision of Emanuel Sidhartha as Co-Founder, bringing in local insight from Sri Lanka’s hospitality and cultural ecosystem.

image

Adding to this, Samarth Gowda, Co-Founder & COO, Otherland Hotels, said: "The choice of Galle as our first location felt like the truest version of what Otherland could be, layered, alive, and completely its own. For us, going international didn't mean going global in the conventional sense. It meant finding a place in our own backyard that the world hadn't fully discovered yet, and building something there that belongs. Independent hotels, at their best, don't just reflect a destination, they amplify it. That's the only way we know how to do this."

With this launch, Otherland Hotels is setting the foundation for a wider presence across the region. The brand has outlined plans to build a network of experience-led hotels, restaurants, and beach clubs across South Asia, with Galle being the first step in this journey.


Atmosphere Core Signs Crown Heritage Panjim in Goa

Atmosphere Core Signs Crown Heritage Panjim in Goa

By Manu Vardhan Kannan

Published on April 27, 2026

Atmosphere Core has announced its partnership with Vision Dempo Hospitality Pvt Ltd to bring a new boutique property, Crown Heritage Panjim by Atmosphere Goa, to its growing India portfolio. The 34-key hotel is set to open in Q1 2027 in Fontainhas, Panjim’s UNESCO-listed heritage district, close to the Mandovi River. The location also offers easy access, with Mopa Airport about an hour away and Dabolim Airport around 40 minutes from the property.

This upcoming hotel will be part of the ‘By Atmosphere’ sub-brand under the Atmosphere Hotels & Resorts portfolio. Designed as an intimate and experience-led space, the property will feature deluxe rooms and a rooftop suite, combining heritage-inspired elements with a fresh design approach to offer a personalised stay.

image

Sharing his thoughts, Mr. Salil Panigrahi, Co-Founder & Managing Director of Atmosphere Core, said, “We’re now building strong momentum in India, with the signing of properties in key destinations, and Goa has always been central to our strategy. With this property, we aim to introduce a fresh, creative and experience-led offering, appealing to a diverse range of travellers, from leisure seekers to those drawn to Goa’s rich cultural heritage, while delivering a setting that is both intimate and distinctive.”

Guests at Crown Heritage Panjim can expect a well-rounded experience, including an all-day dining restaurant, a café lounge, and a rooftop resto-bar serving Goan and global cuisines along with a curated selection of wines and spirits. The property will also feature the award-winning ELE|NA Ayur Spa, offering wellness therapies, along with a swimming pool, outdoor deck, and a fully equipped fitness centre.

Located in Panjim, Goa’s capital city, the hotel sits in the culturally rich neighbourhood of Fontainhas, known for its colourful houses, narrow lanes, and Portuguese-era architecture. The area reflects a unique blend of Indian and Portuguese influences, offering visitors a mix of heritage charm and modern city life.

Speaking on the collaboration, Mr. Rajesh Dempo, Founder & Managing Director of Vision Dempo Group, said, 

"Atmosphere Core’s distinguished legacy of excellence aligns perfectly with our vision to unveil a world-class boutique hotel in Panjim, Goa. As the destination continues to evolve beyond leisure into a year-round, experience-led market, this partnership will contribute to strengthening Goa’s premium tourism landscape and set new benchmarks in hospitality within its UNESCO-recognised heritage precinct.”

Adding to this, Mr. Souvagya Mohapatra, Managing Director Atmosphere Core India, Bhutan, Nepal & Sri Lanka, said, “Panjim the capital city of Goa, with its awe-inspiring cultural heritage backdrop and timeless appeal, is a natural choice for our expansion. As we enter this extraordinary destination, we look forward to delivering a progressive and immersive hospitality experience, thoughtfully tailored to its surroundings, and redefining boutique indulgence within Fontainhas.”

With this addition, Atmosphere Core continues to strengthen its presence in India, bringing in properties that focus on experience, culture, and thoughtful design.

Stay up-to-date with the latest Hospitality news and trends in the Hospitality industry!

Subscribe to Hospitality news e-magazine for free and never miss an issue.

By clicking subscribe for free you agree to the Terms & Conditions and acknowledge our Privacy Policy.

Advertise With Us

We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc.