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.

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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.

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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.

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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.


Hotel Fire in Delhi's Malviya Nagar Claims 21 Lives, Triggers Major Safety Review Across the Capital

Hotel Fire in Delhi's Malviya Nagar Claims 21 Lives, Triggers Major Safety Review Across the Capital

By Manu Vardhan Kannan

Published on June 4, 2026

A tragic fire at a hotel in Delhi's Malviya Nagar area has claimed 21 lives, including foreign nationals, leaving the city shocked and grieving. The incident, which occurred on the morning of June 3, 2026, also left several people injured, with authorities warning that the death toll could rise as some victims remain in critical condition.

According to officials, 47 people were rescued from the building and rushed to nearby hospitals for treatment. Among those who lost their lives were nine citizens from African countries and two from Turkmenistan, while five foreign nationals were among the injured.

imageInvestigations have revealed serious violations at the property. Officials stated that the hotel was operating without clearance from the Fire Department. The building reportedly had approval for only six rooms but was functioning with more than 20 rooms. Authorities also found that the property had only a single entry and exit point, raising major concerns about safety compliance.

Police have apprehended the building owner, Lovkesh Bajaj, and registered a First Information Report (FIR) against him under Sections 105 (culpable homicide not amounting to murder) and 326 (mischief by fire) of the Bharatiya Nyaya Sanhita (BNS).

Preliminary findings suggest that sealed glass windows, malfunctioning sensor-operated gates, overcrowded rooms, and multiple fire safety violations turned the building into a death trap as smoke and flames spread rapidly through the premises.

In response to the tragedy, the Delhi government has announced a major review of accommodation establishments operating in the city. Tourism Minister Kapil Mishra said the government will officially withdraw its Bed and Breakfast policy and conduct inspections of all establishments registered under the scheme.

"We are going to officially withdraw the Bed and Breakfast scheme, and all establishments licensed under it will be checked," Mishra told PTI.

He further stated that strict action would be taken against operators violating licence conditions. Establishments found operating more than six rooms under the scheme will face licence cancellation.

The incident has also prompted immediate action from Delhi's administration. Lieutenant Governor Taranjit Singh Sandhu has ordered a month-long fire safety inspection drive covering hotels, lodges, inns, nursing homes, coaching institutes, restaurants, and other vulnerable commercial establishments across the city.

Officials said all rooms operating beyond approved limits in hotels, lodges, and inns will be shut down as part of the enforcement drive.

Delhi Chief Minister Rekha Gupta assured that the government is closely monitoring the situation and extending all necessary medical assistance and support to affected families.

President Droupadi Murmu expressed her condolences, saying, "The news of the loss of lives in the fire incident in Malviya Nagar, Delhi is extremely heartbreaking. I express my deepest condolences to the bereaved families and pray for the swift recovery of those injured."

Prime Minister Narendra Modi also conveyed his condolences, stating, "The loss of lives due to a fire incident in Malviya Nagar, Delhi is tragic. My condolences to those who have lost their loved ones. Wishing a speedy recovery to the injured. Authorities are providing all possible assistance to those affected."

The devastating incident has not only left Delhi heartbroken but has also brought renewed attention to the importance of safety and security standards across hotels, guest houses, and other accommodation facilities. As investigations continue, the tragedy serves as a stark reminder of the need for strict compliance with fire safety regulations to prevent such incidents in the future.


The Serai Resorts Reinforces Commitment to Sustainable Hospitality on World Environment Day

The Serai Resorts Reinforces Commitment to Sustainable Hospitality on World Environment Day

By Hariharan U

Published on June 4, 2026

In observance of World Environment Day, The Serai Resorts has highlighted its ongoing commitment to sustainable hospitality through a range of initiatives aimed at minimizing environmental impact while fostering a deeper connection between guests and nature.

Known for its boutique luxury experiences across Karnataka’s diverse landscapes, The Serai Resorts has long embraced a philosophy of operating in harmony with its natural surroundings. With properties located amid the coffee plantations of Chikmagalur, the riverfront wilderness of Kabini, and the forests of Bandipur, sustainability remains a core aspect of the brand’s hospitality approach.

As part of its environmental stewardship efforts, the resort group has implemented water conservation measures across its properties through rainwater harvesting and reservoir management systems. Water collected on-site is carefully channelled into dedicated reservoirs, helping optimize water usage and support long-term conservation objectives.

The Serai Resorts has also taken significant steps to reduce single-use plastic consumption across guest-facing operations. In line with this initiative, packaged plastic water bottles have been replaced with reusable glass jugs, offering guests a more sustainable in-room experience while reducing plastic waste generated across the properties.

To mark World Environment Day, the resort group will conduct sapling plantation drives across its destinations. Guests staying at the resorts will also be presented with saplings, encouraging them to continue environmental stewardship beyond their stay and contribute to greener communities.

Beyond these initiatives, The Serai Resorts continues to integrate environmentally conscious operational practices into its daily activities. These include the use of environmentally safer pest-control solutions and sustainable maintenance practices designed to preserve the ecological balance of the surrounding landscapes.

The group's low-density architectural planning further reflects its sustainability philosophy by minimizing environmental strain and ensuring that the natural environment remains central to the guest experience. This approach allows visitors to immerse themselves in nature while enjoying the comforts of boutique luxury hospitality.

By balancing environmental responsibility with guest-centric experiences and thoughtful expansion, The Serai Resorts continues to strengthen its position as a leading boutique hospitality brand in India. The company remains focused on protecting the ecosystems that define each destination while creating meaningful and sustainable travel experiences for its guests.

About The Serai Resorts:

The Serai Resorts, the luxury hospitality arm of Coffee Day Enterprises, offers immersive luxury experiences across some of Karnataka’s most scenic destinations. Its portfolio includes resorts in Chikmagalur, Kabini, and Bandipur, where nature-inspired experiences are combined with refined hospitality, understated elegance, and destination-led storytelling.


Summit Hotels & Resorts Launches ‘The Mandir Collection’ to Enter Spiritual Hospitality Segment

Summit Hotels & Resorts Launches ‘The Mandir Collection’ to Enter Spiritual Hospitality Segment

By Manu Vardhan Kannan

Published on June 4, 2026

Summit Hotels & Resorts has announced its entry into the fast-growing spiritual hospitality segment with the launch of The Mandir Collection, a new brand dedicated to pilgrimage destinations and spiritually inspired travel experiences across India.

The move comes at a time when spiritual tourism is witnessing strong growth, supported by improved infrastructure, better connectivity, and increasing interest in faith-based, cultural, and wellness-focused travel experiences.

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Commenting on the launch, Sumit Mitruka, CEO, Summit Hotels & Resorts, said, “Spiritual travel in India is experiencing a massive boom, with nearly 1 in 5 Indians planning faith-based or wellness trips. Travellers today are not only visiting pilgrimage destinations for religious reasons but also seeking experiences in wellness, culture, and personal connection. India’s spiritual tourism economy is projected to reach USD 135 billion by 2034, and through The Mandir Collection, our intention is to create hospitality experiences that remain rooted in the spirit of the destination while offering the comfort and quality modern travellers expect.”

As part of the new brand’s debut, Summit Hotels & Resorts has identified Salasar as the location for its first property. The upcoming hotel, Summit Salasar, The Mandir Collection, is planned as a premium spiritual retreat designed to cater to devotees, families, wellness travellers, and destination-led gatherings.

The property is expected to feature around 70 rooms and villas, including private pool villas. Guests can also look forward to experiences inspired by spirituality and Indian traditions, creating a blend of comfort, culture, and meaningful travel.

Planned facilities include a Satvik dining concept, temple assistance services, wellness-focused experiences, devotional evening programmes, banquet facilities, outdoor event spaces, and convenient access to the revered Salasar Balaji Temple.

Looking ahead, Summit Hotels & Resorts plans to expand The Mandir Collection across key pilgrimage circuits and spiritual destinations in India. The company is currently evaluating opportunities in locations such as Haridwar, Ayodhya, and other emerging spiritual tourism hubs.

The launch further strengthens Summit’s destination-focused growth strategy while addressing the rising demand for hospitality experiences that combine faith, wellness, culture, and modern comforts.

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