Youth Skilling and Tax Reforms: Union Budget 24-25 Paves the Way for a Hospitality Boom

Youth Skilling and Tax Reforms: Union Budget 24-25 Paves the Way for a Hospitality Boom

By Nishang Narayan

Published on July 25, 2024

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, has set the stage for transformative growth in India's hospitality sector. With a forward-looking approach, the budget aims to enhance infrastructure, boost tourism, and create significant employment opportunities, thus setting the course for a hospitality boom.

One of the most notable measures is the allocation of ₹1.48 lakh crore towards education, employment, and skilling, which includes training 20 lakh youth and upgrading 1,000 institutes. This investment in human capital is poised to address the industry's growing demand for skilled workers, enhancing service quality and customer experience across the sector.

In addition, the revised income tax regime and the abolishment of the Angel Tax are expected to ease financial burdens on businesses, encouraging investments and stimulating economic activity within the industry.

Infrastructure and Connectivity: A New Dawn for Hospitality

The budget's commitment to converting 40,000 rail bogies to Vande Bharat coaches and expanding key rail corridors will significantly enhance connectivity, making travel more convenient and accessible. Furthermore, the development of prominent cultural and spiritual sites such as the Vishnupad temple at Gaya, Mahabodhi temple in Bodhgaya, the Kashi Vishwanath corridor, the Brahmkunda of Rajgir, and Nalanda is set to attract a large influx of tourists.

Industry Leaders React

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Snehdeep Aggarwal, Founder-Chairman, Bhartiya Group, expressed optimism, stating, "Finance Minister Nirmala Sitharaman's announcement in the Union Budget 2024 is a visionary step towards transforming India's travel and hospitality sector. The comprehensive development plan promises to create a robust framework for economic growth by enhancing iconic destinations and promoting spiritual, cultural, and natural attractions. These strategic investments will not only boost tourism but also stimulate job creation and attract significant investments. This initiative is a significant stride towards making India a premier global travel destination."

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Yogesh Mudras, Managing Director, Informa Markets in India, highlighted the budget's impact on travel and tourism, saying, "Enhancing infrastructure around significant temples, pilgrimage sites, and scenic beach destinations will not only elevate the overall tourist experience but also position India as a premier global destination for spiritual and cultural journeys. These initiatives are expected to stimulate economic growth, create jobs, and attract substantial investments across various sectors. Improving infrastructure is especially crucial, as it will enhance connectivity, accessibility, and the quality of services, ensuring that visitors have a seamless and enriching experience. Furthermore, the Union Budget 2024-25 has introduced transformative measures for the cruise tourism sector, notably the streamlined tax regime for foreign cruise operators. This will facilitate smoother operations of domestic cruise vessels and significantly bolster our cruise tourism infrastructure. With a remarkable increase in cruise calls and passenger numbers over the past decade, this new policy aims to accelerate our growth trajectory."

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Ambika Saxena, CEO, TWH Hospitality, emphasized the budget's focus on regional connectivity, stating, "The Union Budget 2024 has brought regional connectivity to centre stage. The strategic investment in the building of new expressways, airports, and rail corridors is going to revolutionize the scene of tourism. These developments will foster easier and quicker travel, promoting domestic and international tourism. They will bring life to the local economies by creating new employment opportunities and promoting active cultural exchange. Such new infrastructure developments are bound to entice more visitors to visit India's diversified destinations--from vibrant urban centers to serene natural landscapes--ensuring that growth and prosperity for the tourist sector continue sustainably."

The Union Budget 2024-25 focuses on youth skilling, tax reforms, and infrastructure development, laying a strong foundation for significant growth in India's hospitality sector. By addressing key challenges and fostering a supportive environment, the budget aims to elevate India's hospitality industry to new heights, positioning it as a global leader in travel and tourism.


Raffles Cambodia Secures Top Honours in Travel + Leisure Luxury Awards 2026

Raffles Cambodia Secures Top Honours in Travel + Leisure Luxury Awards 2026

By Hariharan U

Published on June 30, 2026

Raffles Cambodia’s iconic heritage hotels have secured top honours in the Travel + Leisure Luxury Awards Asia-Pacific 2026, reaffirming their position among the region’s leading luxury hospitality destinations.

Raffles Hotel Le Royal in Phnom Penh was ranked Cambodia’s No. 1 city hotel, while Raffles Grand Hotel d’Angkor in Siem Reap secured the No. 2 position in the same category. Both properties also featured prominently across additional award categories, highlighting their continued excellence in luxury hospitality.

In the “Best Hotel Swimming Pools” category, Raffles Hotel Le Royal ranked No. 2, while Raffles Grand Hotel d’Angkor secured the No. 4 position. The Siem Reap property also earned the No. 4 spot in the “Best Hotel Spas” category. Adding to the accolades, Raffles Hotel Le Royal General Manager Dagmar Lyons was recognised among Cambodia’s best General Managers.

Commenting on the recognition, Dagmar Lyons said the achievement reflects the dedication of the entire team in bringing the heritage spirit of the hotel to life while maintaining Raffles’ signature warm and intuitive service.

Joseph Colina, General Manager of Raffles Grand Hotel d’Angkor, noted that the recognition reinforces the hotel’s role as a historic gateway to Angkor and its commitment to preserving Cambodia’s cultural and hospitality legacy.

The strong performance at the awards follows recent heritage-focused initiatives by Raffles Cambodia, including the launch of the “Grand Path of History” tour and a new publication chronicling the golden age of travel in Southeast Asia. The brand also continues to showcase archival materials and historical artefacts across its properties.

Raffles Hotel Le Royal, originally opened in 1929, is known for its French colonial, Khmer, and Art Deco-inspired design, following a major restoration completed in 2019. Meanwhile, Raffles Grand Hotel d’Angkor, established in 1932, continues to reflect classic French Art Deco architecture blended with Cambodian influences.

Both properties were previously among the select hotels in Cambodia to receive MICHELIN Keys in the inaugural edition of the guide for the country. Raffles Hotel Le Royal was also ranked the No. 2 hotel in Southeast Asia in the Condé Nast Traveler Readers’ Choice Awards 2025.

With continued global recognition, Raffles Cambodia strengthens its position as a custodian of heritage luxury hospitality, blending history, culture, and refined service across its iconic properties.


Novotel Cairo Airport Marks World Oceans Day with ‘From the Nile to the Ocean’ Initiative

Novotel Cairo Airport Marks World Oceans Day with ‘From the Nile to the Ocean’ Initiative

By Hariharan U

Published on June 25, 2026

Novotel Cairo Airport commemorated World Oceans Day with its "From the Nile to the Ocean" initiative, a sustainability-focused programme designed to highlight the connection between local environmental responsibility and global marine conservation.

The initiative brought together wellness, education, and responsible dining experiences to encourage greater awareness of the importance of protecting water resources. Through the campaign, the hotel sought to demonstrate how local actions can contribute to broader environmental preservation efforts.

The day began with an outdoor yoga session overlooking the Nile River, creating a reflective and mindful setting for participants. The wellness activity reinforced the campaign's message that meaningful environmental change begins with individual awareness and conscious choices.

Following the yoga session, hotel associates participated in an interactive educational presentation focused on water conservation and ocean safety. The discussion highlighted the role local waterways play in supporting larger marine ecosystems and emphasized the importance of protecting rivers such as the Nile as part of a global sustainability effort.

As part of the celebration, Novotel Cairo Airport's culinary team curated a special menu centred on fresh, local, and responsibly sourced ingredients. Served poolside, the dining experience showcased how sustainable sourcing and conscious food choices can contribute to environmental stewardship while supporting local communities.

By integrating wellness activities, environmental education, and sustainable dining into a single initiative, the hotel aimed to create a holistic experience that encouraged participants to reflect on their relationship with natural resources and the environment.

The programme further reinforces Novotel Cairo Airport's commitment to responsible hospitality and sustainability, while supporting Accor's broader vision of promoting environmentally conscious practices across its global portfolio.

Through initiatives such as "From the Nile to the Ocean," the hotel continues to engage both its team members and guests in conversations around sustainability, inspiring collective action toward the protection of vital water ecosystems and the preservation of the planet's natural resources.


The Forum Hotel & Convention Centre Celebrates International Yoga Day with Wellness Morning in Ahmedabad

The Forum Hotel & Convention Centre Celebrates International Yoga Day with Wellness Morning in Ahmedabad

By Hariharan U

Published on June 24, 2026

The Forum Hotel & Convention Centre marked International Yoga Day with a thoughtfully curated wellness initiative that brought together guests, wellness enthusiasts, and hotel associates for a morning dedicated to mindfulness and holistic wellbeing in Ahmedabad.

The event featured a guided yoga and meditation session designed to encourage participants to slow down, reconnect with themselves, and embrace balance in an increasingly fast-paced lifestyle. Attendees from different age groups took part in yoga asanas, breathwork exercises, and mindfulness practices in a calm and energising environment.

Positioned as a community-focused initiative, the celebration reflected the growing importance of wellness in modern hospitality experiences. The session aimed to create a shared space where participants could prioritise both physical and mental wellbeing while taking a conscious break from daily routines.

Speaking about the initiative, Kalpesh Prajapati, Managing Director of The Forum Hotel & Convention Centre, highlighted that wellness has evolved from being an occasional luxury to an essential part of contemporary living and travel. He emphasised the hotel’s commitment to creating experiences that promote mindfulness, balance, and overall wellbeing within the community.

As wellness continues to shape the hospitality landscape, The Forum Hotel & Convention Centre has been focusing on experiences that extend beyond accommodation and events, encouraging meaningful engagement with both guests and the wider Ahmedabad community.

The International Yoga Day celebration concluded with healthy refreshments and informal interactions among participants, reinforcing the importance of conscious living and collective wellbeing.

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