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.


Atmosphere Core Unveils ONE Atmosphere, Its Fourth Brand Focused on Extended Living

Atmosphere Core Unveils ONE Atmosphere, Its Fourth Brand Focused on Extended Living

By Manu Vardhan Kannan

Published on December 14, 2025

Atmosphere Core has announced the launch of its fourth brand, ONE Atmosphere, marking a strategic move into the extended-stay segment. The new brand is designed for a new generation of guests who seek the comfort of a home, the structure of a workspace, and the ease of hotel-style services, all brought together under one roof. ONE Atmosphere will offer fully serviced apartments that balance residential freedom with the consistency and reliability of hospitality.

Designed around today’s evolving work–live–travel flow, ONE Atmosphere combines spacious living with branded amenities, seamless concierge services, and thoughtful design elements. The concept responds to changing guest expectations, where travellers are looking beyond traditional hotel rooms and towards flexible living solutions that adapt to different cities, work patterns, and everyday rhythms.

Speaking about the launch, Salil Panigrahi, Managing Director, Atmosphere Core, said, “As travel becomes more fluid and work becomes borderless, guests expect more than a hotel room, they expect a lifestyle solution. They want a space that adapts as they move through different cities, work patterns, and rhythms of everyday life. ONE Atmosphere is designed to meet this shift by offering a reliable model of flexible living that blends the warmth of home with the precision of hospitality. Our spaces will be consistent, functional, design-led, and deeply attuned to how people live today.”

Building on this guest-focused approach, the design of ONE Atmosphere will emphasise efficient layouts complemented by calming materials and curated local art. Each space is planned to feel welcoming, practical, and visually inspiring, while quietly supported by hotel-style services operating in the background. The apartments are created for living rather than short overnight stays, making them suitable for long stays, relocations, project assignments, holidays, and hybrid travel needs.

Across all destinations, the brand will deliver a consistent ‘ONE Experience’, offering guests a portable sense of home regardless of location. This experience will be supported by a comprehensive range of amenities covering leisure, work, and convenience, collectively forming the ‘ONE Promise’. Together, these elements aim to elevate serviced living into a complete lifestyle offering.

Commenting on the brand’s growth potential, Sandeep Ahuja, Managing Director, ONE Atmosphere, said, “the serviced apartment sector is expanding rapidly yet remains highly fragmented. With ONE Atmosphere, we aim to establish a unified standard that can scale with ease while delivering a consistent, comfortable, and efficient experience. By leveraging the operational discipline we’ve developed across our award-winning resorts in the Maldives, we are confident in our ability to set a new global benchmark for extended-stay hospitality”.

ONE Atmosphere’s development pipeline includes a mix of metropolitan, urban, and leisure destinations across South Asia, Southeast Asia, and the Gulf countries. Additional international markets are also under evaluation as part of the brand’s long-term global expansion strategy.


Thomas Cook India Launches AI-Powered Assistant TACY for Europe Summer 2026 Campaign

Thomas Cook India Launches AI-Powered Assistant TACY for Europe Summer 2026 Campaign

By Manu Vardhan Kannan

Published on December 14, 2025

Thomas Cook (India) Limited, India’s leading omnichannel travel services company, has launched TACY, an AI-generated digital avatar that will serve as both the brand ambassador and a virtual holiday assistant on its official website. The initiative marks a significant step in the company’s technology-led engagement strategy and begins with the launch of its Europe Summer 2026 portfolio.

Positioned as the digital face of Thomas Cook India, TACY offers AI-powered guidance through conversational engagement, helping travellers explore destinations, understand itineraries, and plan holidays with greater ease. The launch reflects the brand’s focus on delivering personalised and interactive customer experiences through next-generation digital tools.

TACY’s debut coincides with the introduction of Thomas Cook India’s Europe Summer 2026 collection, which features over 1,000 guaranteed departures, more than 15 value-led holidays, and curated itineraries across Western and Eastern Europe, the Mediterranean, and Scandinavia. The portfolio caters to families, couples, and groups, offering diverse travel options supported by expert planning assistance through the AI avatar.

As part of the campaign, Thomas Cook India has created a series of AI-generated videos featuring TACY across iconic European destinations. These videos showcase the company’s travel offerings, highlight unique experiences, and guide customers through the holiday selection process in a visually engaging and interactive format. The campaign also integrates QR-enabled print and outdoor media, allowing customers to instantly access digital content and videos via mobile devices.

Commenting on the launch, Abraham Alapatt, President & Group Head – Marketing, Service Quality, Value Added Services & Innovation, Thomas Cook (India) Limited, said, “India is among the fastest growing digital economies in the world, with one of the youngest and most dynamic traveller demographics. Our customers are digital-first, curious, and expect interactive engagement that goes beyond traditional marketing. With TACY, we are pioneering a new era of marketing innovation by creating immersive, conversational experiences that resonate with new-age travellers. This initiative is perfectly timed with the launch of our flagship Europe Summer 2026 portfolio and will extend to other destinations as well.”

With the introduction of TACY, Thomas Cook India continues to position itself as an industry innovator by integrating artificial intelligence, storytelling, and personalisation into travel marketing. The initiative reflects the company’s broader vision of using technology to enhance human connection and transform how travellers discover, plan, and experience their journeys.


2025 F&B and Real Estate Insights: Industry Leaders Reflect on Challenges and Opportunities

2025 F&B and Real Estate Insights: Industry Leaders Reflect on Challenges and Opportunities

By Hariharan U

Published on December 12, 2025

As 2025 draws to a close, industry leaders are reflecting on a year that tested resilience, discipline, and innovation across the food & beverage (F&B) and real estate sectors.

According to Pulkit Arora, Director, CYK Hospitalities, “2025 has been a defining year for the F&B sector. Consumers pushed the industry toward more specific menus, higher food hygiene standards, and greater transparency in kitchen operations. It was a year that highlighted how trust is built through discipline rather than decoration.”

Simranjeet Singh, Director, CYK Hospitalities, adds, “The year 2025 proved that resilience and intelligent systems were the main sources of sustainable growth. Rising costs and changing consumer preferences meant that only those brands survived which remained consistent and had clear, efficient processes. This wasn't a year of aggressive expansion; it was a year of strengthening foundations.”

Together, they concluded, “Real progress in F&B isn't about scale; it's about the confidence you serve on every plate.”

In real estate and integrated hospitality developments, Vishal Vincent Tony, Managing Director, Aratt Developers & Ayatana Hospitality Pvt Ltd, highlights the evolving landscape: “The real estate sector is entering a cycle where integrated residential, commercial, and hospitality-led developments are emerging as the strongest contributors to long-term value creation. Across major markets, large-scale townships and mixed-use masterplans are witnessing renewed investor confidence, with developments that seamlessly integrate premium housing, modern office spaces, and quality hospitality assets.”

He further explains, “Rising homeownership sentiment, sustained office absorption, and consistent growth in domestic tourism continue to reinforce this shift. As we move into 2026, the most resilient and future-ready developments will be those that prioritise sustainability, intelligent design, and seamless integration across residential and commercial uses. With lifestyle preferences evolving rapidly, developments that offer both liveability and economic productivity are set to define the next phase of India’s real estate growth.”

The reflections from F&B and real estate leaders underscore a common theme for 2026: steady growth through operational excellence, sustainable practices, and intelligent integration, setting the stage for a more resilient and dynamic business landscape.

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.