Union Budget 2026: What Hospitality and F&B Leaders Are Saying

Union Budget 2026: What Hospitality and F&B Leaders Are Saying

By Hariharan U

Published on February 3, 2026

As expectations around Union Budget 2026 give way to industry analysis, voices from hospitality, food services, QSR and alco-beverage sectors are largely aligned on one message: talent development, destination-led tourism and access to long-term capital are welcome moves, but structural reforms remain a work in progress.

Pranav Rungta, Co-Founder & Director, Nksha Restaurant and Vice President, NRAI Mumbai, called the Budget a constructive step for hospitality while highlighting lingering gaps for restaurants.

"Budget 2026 is a positive step for India's hospitality sector. Announcements like the first-ever National Institute of Hospitality and structured skill development for tourist guides will strengthen service standards and prepare our workforce to meet growing domestic and international demand.At the same time, restaurants continue to face structural challenges such as GST on commercial leases, access to export incentives like SEIS and easier SME support. Addressing these challenges alongside rising tourism and dining demand is key to building a resilient, sustainable and globally competitive hospitality sector"

From the experience-led hospitality and brewing space, Teja Chekuri, Managing Partner – Ironhill, emphasised the Budget’s focus on people, destinations and capital as a meaningful combination.

"What stood out for me in today's Budget is the clear recognition that hospitality growth depends as much on people as it does on places. The focus on structured skill development programmes directly addresses one of the industry's most persistent challenges of finding and retaining trained talent across brewing, service, and operations.

Equally significant is the decision to develop the top 50 tourist destinations in a challenge mode, while bringing hotels in these locations under the harmonised master list. Easier access to long-term, lower-cost financing is a real unlock for hospitality and alcobev brands looking to expand responsibly.

For companies like ours, operating at the intersection of craft beer, dining, and experience-led hospitality, this creates the right conditions to scale with better talent on the floor, stronger destinations to grow into, and capital that supports quality, not shortcuts. If executed well, these measures can meaningfully elevate India's hospitality ecosystem and its global appeal."

Speaking from a food entrepreneurship lens, Pranavi Chekuri, FullStack Ventures & Co-Founder, Bhojanam, highlighted the Budget’s connection between agriculture, skills and hospitality retail.

"As a founder, building a hospitality retail brand rooted in traditional food and native grains, this Budget feels deeply personal. The government's focus on strengthening native crops from coconut, cashew, and cocoa to horticulture and region-specific produce, directly impacts farmers, and in turn, brands like ours that depend on resilient, local value chains. When farmers earn better and produce improves in quality and consistency, it elevates the entire food ecosystem.

Equally encouraging is the emphasis on upskilling across hospitality. Upgrading national institutions, strengthening apprenticeships, and targeted training programmes will help create a workforce that is more industry-ready and confident. For emerging brands, this is critical and not just for smoother operations, but for thoughtful expansion.

Taken together, these measures connect the soil to the storefront. They create opportunities to scale responsibly, generate jobs, and build food brands that are proudly Indian, sustainable by design, and globally relevant in ambition."

For emerging café and food brands, Meenakshi Kumarr, Chef & Founder of Anahata Cafe (Formerly Roots Cafe), pointed to inclusion, skilling and SME funding as strong signals.

"The Budget's focus on strengthening the hospitality and food & beverages ecosystem is a welcome step for emerging brands like Anahata Café. Upgrading the National Council for Hotel Management into a National Institute of Hospitality will help create a stronger talent pipeline by aligning academia with industry needs something the F&B sector has long required. The Divyangjan Kaushal Yojana is especially encouraging, as hospitality and food processing offer meaningful, task-oriented roles that can enable dignified and inclusive employment when supported by customised training. Additionally, the creation of a ₹10,000 crore SME Growth Fund, along with the Self-Reliant India Fund, will help to nurture SMEs. For women-led F&B and FMCG startups, access to equity capital and risk funding is critical to scaling operations and building resilient supply chains."

From the alco-beverage industry, Vidhatha Annamaneni, Co-Founder, Ironhill, viewed the Budget as a signal of gradual but inevitable competition.

"From the alcobev industry perspective, this Budget reinforces a reality the industry understands well that structural reform in alcohol will continue to be gradual, not dramatic. Keeping alcoholic liquor outside GST maintains the status quo, but the real signal lies elsewhere. The India–EU FTA and phased tariff reductions across spirits, wine, and beer point to a more competitive, globally aligned market over the next decade.

For Indian brands, this is both an opportunity and a wake-up call. Lower duties will raise the bar on quality, consistency, and brand-building, especially as premiumisation accelerates. The proposed reduction in TCS on alcohol sellers is also a practical relief, easing working capital pressures across the value chain.

What the industry needs next is predictability with rationalised customs structures and faster resolution of legacy disputes. As India's alcobev market scales toward ₹5.3 lakh crore, the winners will be brands that think long-term, invest in craft and compliance, and compete confidently on a global stage, not a protected one."

Looking at quick-service restaurants and mass expansion, Aayush Madhusudan Agrawal, Founder and Director, Lenexis Foodworks, highlighted the importance of infrastructure and tiered growth.

“The Union Budget 2026 reflects a strong commitment to sustainable growth, infrastructure-led development, and ease of doing business. For the QSR industry, the focus on Tier 2 and Tier 3 cities, logistics efficiency, and skilling creates a powerful foundation for the next phase of expansion. At Lenexis Foodworks, we see this as an opportunity to deepen our presence, strengthen our supply chains, and deliver greater value to consumers across India.”

Collectively, the responses reflect cautious optimism across hospitality and allied sectors. While skill development, tourism infrastructure and financing reforms are widely welcomed, industry leaders agree that GST rationalisation, regulatory clarity and predictable policy frameworks will be critical to sustaining long-term growth.


Sterling Opens Bandhavgarh Resort, Blending Wildlife, Heritage and Culture

Sterling Opens Bandhavgarh Resort, Blending Wildlife, Heritage and Culture

By Manu Vardhan Kannan

Published on October 28, 2026

Sterling Holiday Resorts Limited (SHRL) has opened Sterling Bandhavgarh in Madhya Pradesh, strengthening its presence across Central India's wildlife destinations. The new resort brings together tiger safaris, natural landscapes, regional cuisine and historical attractions, adding another property to Sterling's growing wilderness portfolio.

With resorts across 15 wildlife landscapes in India, Sterling is building its presence in wilderness tourism by offering experiences that extend beyond wildlife sightings. Bandhavgarh adds to this approach, combining its well-known tiger habitat with dense sal forests, open meadows, rich biodiversity and a history reflected in ancient sculptures, caves and historical sites.

The destination's attractions include Bandhavgarh Fort and Shesh Shaiya, known for its reclining Vishnu sculpture. These experiences offer visitors opportunities to explore the region's heritage alongside its natural surroundings.

Commenting on the opening, Vikram Lalvani, Managing Director and CEO of Sterling Holiday Resorts Limited, said, “India's wilderness destinations are far more diverse than the wildlife they are famous for. Every forest has its own landscape, history, culture and cuisine and therefore a different story to discover. Bandhavgarh is particularly compelling because it brings together one of India's celebrated tiger habitats with centuries of heritage and the distinctive culture of Baghelkhand. As Destination Architects, our ambition is to bring these dimensions together so that a safari becomes part of a richer, more memorable holiday for families.”

A Forest Retreat Near Bandhavgarh Tiger Reserve

Located in Tala village, approximately 2.5 km from the Tala Gate of Bandhavgarh Tiger Reserve, Sterling Bandhavgarh features 26 rooms across four categories. The accommodation options include Machan Suites with private machans and outdoor showers, Courtyard Rooms with Balconies overlooking the gardens, Safari Tents with Private Sit-outs and Forest Rooms.

The resort also features a swimming pool, gardens and outdoor relaxation spaces, giving guests places to unwind between excursions.

Its location provides access to the Tala safari zone, while visits to other zones, including Magadhi and Khitauli, are subject to Forest Department permits and regulations. Beyond safaris, guests can explore activities such as birdwatching, village walks, nature trails and cycling, offering different ways to experience the surrounding landscape.

The resort is designed to appeal to families and leisure travellers looking to combine wildlife experiences with relaxation, local culture and outdoor activities.

Building on Sterling's Partnership in Central India

The opening also expands Sterling's existing association with Mahalaxmi Commercial Service Pvt Ltd, which is connected to the company's resort in Kanha. The partnership has now extended to Bandhavgarh, creating an opportunity to develop connected wildlife holidays across two prominent destinations in Madhya Pradesh.

Speaking on the launch, Pranav Sharma, owner of Mahalaxmi Commercial Service Pvt Ltd, said, “Our association with Sterling at Kanha has given us the confidence to extend this partnership to Bandhavgarh. Sterling brings strong operating expertise, brand reach and an understanding of how to create distinctive destination experiences. We are delighted to build on this successful relationship and bring another compelling wilderness retreat to travellers.”

With Sterling's presence in both destinations, travellers can plan a Bandhavgarh–Kanha journey, exploring different forest landscapes, habitats and wildlife experiences within a single holiday.

Baghelkhand Cuisine Adds to the Experience

Regional food is another part of the experience at Sterling Bandhavgarh. The resort's restaurant, The Sal, features local preparations such as Birra ki Roti, Saal Patta Murgh, Baans Mein Pakaya Chawal and Kumhde ki Kheer, drawing inspiration from the culinary traditions of Baghelkhand.

Alongside Indian and international favourites, the resort offers experiences such as the Jungle Thali, showcasing regional flavours, and Gaon ki Rasoi, inspired by the cooking traditions of local communities. Outdoor dining and bonfire evenings further connect the stay with the surrounding natural environment.

The opening of Sterling Bandhavgarh adds to the company's growing network of wildlife and nature destinations across Madhya Pradesh, Rajasthan, Maharashtra and Uttarakhand. By combining accommodation with safari experiences, regional food and local heritage, Sterling aims to encourage travellers to explore India's forests beyond a single destination or wildlife sighting.


Ramee Group Announces 70-Key Sea-View Resort in Dapoli, Maharashtra

Ramee Group Announces 70-Key Sea-View Resort in Dapoli, Maharashtra

By Hariharan U

Published on October 27, 2026

Ramee Group of Hotels has announced a new 70-key resort in Dapoli, Maharashtra, expanding its leisure portfolio with a coastal property featuring sea-view accommodation, wellness amenities, dining facilities and dedicated spaces for destination weddings and corporate gatherings.

The upcoming property will comprise premium rooms and serviced apartments, with every guestroom offering panoramic views of the Arabian Sea. Located in the Konkan coastal town of Dapoli, the resort is positioned to attract leisure travellers from Mumbai, Pune, Nashik and surrounding urban centres seeking weekend escapes.

Commenting on the announcement, Saurabh Gahoi, Senior Vice President – India, Ramee Group of Hotels, said the group's expansion strategy focuses on delivering immersive hospitality experiences rooted in local character.

“Dapoli is rapidly emerging as India's next prominent weekend getaway, strategically serving major urban clusters including Mumbai, Pune, Nashik, and surrounding regions. The addition of the Dapoli property marks an exciting milestone in our resort portfolio. By offering sprawling sea views from every room and comfortable, thoughtfully designed stays, we are creating a unique sanctuary for guests,” he said.

The project is being developed in partnership with Agatsya Hospitality, a subsidiary of Phatak Developers. The collaboration aims to strengthen the region's hospitality offering while supporting the development of Dapoli as a coastal leisure destination.

Akshay Phatak, Owner of Agatsya Hospitality, said, “We are delighted to partner with Ramee Group of Hotels, one of the most respected hospitality brands in the lifestyle & leisure space. Phatak Developers is committed to elevating Konkan's tourism, and this collaboration marks an exciting step toward bringing world-class hospitality to Dapoli. We have complete trust in Ramee Group's operational expertise and we look forward to setting a new benchmark for coastal hospitality together.”

Dining, Wellness and Recreation

The resort's culinary offering will centre on a flagship all-day dining restaurant serving a combination of international favourites and regional coastal cuisine, bringing local flavours into the guest experience.

Facilities will include a fully equipped gymnasium, spa, swimming pool and dedicated indoor and outdoor children's play areas. These amenities are intended to cater to families and leisure travellers seeking a combination of relaxation and recreation.

A key feature will be the property's indoor and outdoor banqueting spaces, designed to accommodate corporate retreats, social gatherings and large-scale celebrations. The facilities are expected to support demand for destination weddings and event-led travel in the Konkan region.

With its combination of sea-view accommodation, wellness facilities and event spaces, the Dapoli resort will add to Ramee Group's leisure portfolio while contributing to the region's evolving hospitality landscape.

About Ramee Group of Hotels

Founded in 1985 by Raj Shetty, Ramee Group of Hotels, Resorts & Apartments is an international hospitality group with a presence across India and the Middle East. Its portfolio caters to corporate and leisure travellers through accommodation, dining concepts and lifestyle-oriented hospitality offerings.


IHG Signs Holiday Inn Raipur, Expanding Presence in Chhattisgarh

IHG Signs Holiday Inn Raipur, Expanding Presence in Chhattisgarh

By Hariharan U

Published on October 27, 2026

IHG Hotels & Resorts has signed a management agreement with Entry Point Hotels & Resorts Private Limited to develop Holiday Inn Raipur in Naya Raipur, strengthening its presence in Chhattisgarh's growing administrative and commercial market. The hotel is scheduled to open in the first quarter of 2031.

The signing reflects IHG's strategy of expanding its portfolio across India's emerging business and travel destinations, where growing commercial activity, infrastructure development and institutional demand are creating opportunities for branded hospitality.

Naya Raipur, also known as Nava Raipur Atal Nagar, is Chhattisgarh's planned capital and an emerging administrative and commercial centre. The city's development is supported by government institutions, public sector organisations, educational establishments and expanding commercial infrastructure.

Holiday Inn Raipur will be located in Sector 24, Naya Raipur, with access to key government complexes, including Mantralaya and Vidhan Sabha. Its proximity to Swami Vivekananda Airport is expected to support travel by government delegations, corporate guests and other visitors.

The wider Raipur market is also evolving beyond its traditional industrial base, with activity across education, information technology, infrastructure and lifestyle developments contributing to its growth as a commercial destination. These developments are expected to support demand for quality accommodation across business, government, events and leisure segments.

156 Rooms and Dedicated Meeting Facilities

Holiday Inn Raipur will feature 156 rooms and suites, including 16 suites, alongside three dining venues. The planned food and beverage facilities comprise a 117-seat all-day dining restaurant, a 40-seat bar and a 40-seat lobby lounge.

The hotel will also offer approximately 942 square metres of meeting and event space across four venues. The facilities will include a divisible ballroom spanning 715 square metres, positioning the property to accommodate conferences, corporate meetings, social gatherings and other events.

Additional amenities are planned to include a swimming pool, fitness centre and parking. IHG noted that the proposed facilities remain indicative and will be subject to design development and brand standards.

Commenting on the signing, Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts, said, “We are delighted to partner with Entry Point Hotels & Resorts Private Limited to bring Holiday Inn to Naya Raipur. As the city continues to develop as a key administrative and commercial centre, the signing presents an opportunity to introduce one of our most recognised brands to a market with diverse travel needs. Holiday Inn Raipur adds to our growing presence across India and reflects our focus on taking our brands to destinations where we see long-term potential.”

Arun Kumar Goyal of Entry Point Hotels & Resorts Private Limited said the partnership combines Holiday Inn's global brand recognition with IHG's hospitality expertise. He added that the project aims to introduce an international hospitality experience while responding to the needs of Naya Raipur's expanding visitor base.

Holiday Inn's Global Hospitality Platform

The hotel will incorporate Holiday Inn's Open Lobby concept, providing spaces where guests can work, meet and relax alongside the property's dining, meeting and leisure facilities.

As part of IHG Hotels & Resorts, the property is also expected to benefit from the group's global distribution network, digital platforms and IHG One Rewards loyalty programme, connecting it with a wider international customer base.

The signing adds to IHG's expansion across India, where the company continues to pursue opportunities in destinations with long-term potential for corporate travel, government activity, events and leisure demand.

With its planned 2031 opening, Holiday Inn Raipur is set to add internationally branded accommodation and meeting infrastructure to Naya Raipur's developing hospitality landscape.

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