ULI India’s Post

𝗔𝗱𝗮𝗽𝘁𝗶𝗻𝗴, 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴, 𝗮𝗻𝗱 𝘁𝗵𝗿𝗶𝘃𝗶𝗻𝗴 - the 𝗷𝗼𝘂𝗿𝗻𝗲𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗜𝗻𝗱𝗶𝗮𝗻 𝗵𝗼𝘀𝗽𝗶𝘁𝗮𝗹𝗶𝘁𝘆 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗿𝗲𝗰𝗲𝗻𝘁 𝗴𝗹𝗼𝗯𝗮𝗹 𝗲𝘃𝗲𝗻𝘁𝘀 has been nothing but impressive! 🏨 👏 From a 𝗴𝗹𝗼𝗯𝗮𝗹 𝗽𝗮𝗻𝗱𝗲𝗺𝗶𝗰, and 𝘀𝗼𝗰𝗶𝗼-𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗮𝗻𝗱 𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝘁𝘂𝗿𝗯𝘂𝗹𝗲𝗻𝗰𝗲𝘀, to the 𝘁𝗲𝗰𝗵 𝗿𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻 and 𝗴𝗿𝗲𝗲𝗻 𝗺𝗼𝘃𝗲𝗺𝗲𝗻𝘁, many such 𝗴𝗹𝗼𝗯𝗮𝗹 𝗲𝘃𝗲𝗻𝘁𝘀 𝗵𝗮𝘃𝗲 𝘀𝗵𝗮𝗽𝗲𝗱 𝘁𝗵𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝗵𝗼𝘀𝗽𝗶𝘁𝗮𝗹𝗶𝘁𝘆 𝗹𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲. In India, 𝗿𝗲𝘀𝗶𝗹𝗶𝗲𝗻𝗰𝗲 𝗮𝗻𝗱 𝗮𝗱𝗮𝗽𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 define our industry's response, maintaining our leading position in the global market. 💪 We'd love to hear from fellow industry professionals about your experiences navigating these transformative times in the hospitality industry. 🤗 𝗦𝗵𝗮𝗿𝗲 𝘆𝗼𝘂𝗿 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀, 𝗰𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀, 𝗮𝗻𝗱 𝘀𝘂𝗰𝗰𝗲𝘀𝘀 𝘀𝘁𝗼𝗿𝗶𝗲𝘀 in the comments below. Let's engage and learn from each other as we shape the future of Indian hospitality together! Incredible India, Ministry of Tourism, India Indian Tourism Development Coorporation #hospitalityindustry #Indianhospitality #Indiatravelandtoursim #Indianhospitalityindustry #globalevents #hotelsandresorts #pandemic #COVID19 #hotelindustry #adaptive #resilience #thriving #LakshadweepTourism #Ayodhya

🌟 Day 2 of FHRAI's Annual Convention: Focus on Business Growth, Sustainability & Industry Trends 🌍💼 The second day of FHRAI’s Annual Convention brought together hospitality leaders to discuss new opportunities in sustainability, restaurant trends, and the growing wedding tourism market. 🚀 Minister Nitin Gadkari emphasized the importance of hospitality in job creation and tourism development. 🛣️ Mugdha Sinha from the Ministry of Tourism stressed the need for seamless international wedding tourism, presenting India as a top wedding destination. 💍✈️ Discussions on technology in dining and luxury wedding venues explored how the hospitality industry can tap into emerging trends and revenue opportunities. 🍽️🏨 FHRAI President, Pradeep Shetty, reiterated the sector’s focus on driving growth and sustainability while creating more jobs for India. 💪 #FHRAI2024 #HospitalityGrowth #SustainabilityInHospitality #WeddingTourism #TourismGrowth #RestaurantTrends #EconomicDevelopment #HospitalityInnovation #IndiaGrowthStory

The Indian hospitality sector is in its golden age, and the figures paint a truly exhilarating picture. Homegrown giants like IHCL, Cygnett, and Lemon Tree are scaling new heights, reporting consecutive quarters of record-breaking performance. IHCL, the Taj's custodian, recently announced a stellar Q3 with a 15% YoY revenue surge and a staggering 18% YoY growth in EBITDA. This echoes the success stories of Cygnett (with over 15% increase ADR and RevPAR and 80% occupancy rates), Lemon Tree (with 19% increase revenue and 54% increase in EBITDA), or for that matter any other Indian brand. But India's story isn't just about domestic prowess. It's a land of immense opportunity, beckoning international players to explore its vibrant tourism landscape. Accor, a global hospitality leader, recently declared 2023 a record-setting year for its expansion in Asia, with India emerging as a star performer. They signed a whopping 66 hotels in South-east Asia, and 100 hotels in India by 2027, showcasing their immense faith in the Indian market. Marriott International is another major player joining the expansion bandwagon, announcing plans to add over 100 hotels across various brands in India by 2025-end. Similarly, Hilton, IHG etc. are actively pursuing growth strategies in the Indian market. This influx of international brands is a testament to the immense potential India holds. The country's rich cultural heritage, diverse landscapes, and growing economy are creating a perfect storm for tourism growth. Invest India, the national promotion and facilitation agency, is playing a pivotal role in this exciting narrative. We not only reach out to international investors, helping them make informed decisions about investing in India, but also facilitate international operators who see India as their next big management destination. So, if you're an international hospitality chain looking to expand your footprint, India is the land of opportunity waiting to be explored. With its unmatched cultural tapestry, burgeoning travel sector, and supportive government initiatives, India promises an unforgettable journey for both businesses and travelers alike. Embrace the spirit of Indian hospitality, and join us in unlocking the door to a world of tourism excellence! #indianhospitality #HotelsInIndia #IncredibleIndia #IndianTourism #ChaloIndia

Ahead of the upcoming debut of Anantara Hotels, Resorts and Spas in India, we are proud to have partnered with Skift to highlight the 10 insights that are shaping India to be one of the world's most exciting markets through the 2024 Skift India Summit. The report covers important topics, including: - How can travel brands tap into the surge in Indian travellers? - How can travel brands grow and expand within India? - Does India have what it takes to become an outbound travel superpower? Discover valuable insights from Christopher Hartley, CEO of Global Hotel Alliance (GHA), who reflects on emerging hospitality trends that may have begun in India and will impact businesses and consumers around the world for years to come. Download the report now to uncover the opportunities ahead. https://lnkd.in/ggkMTePc #PassionForGrowth #MinorHotels #SkiftIndiaSummit #IndiaTravel #TravelTrends

The Future of Hospitality: What’s NEXT? Delighted to have been part of the "What's NEXT in Hospitality" at the ULI (Urban Land Institute) evening hosted at Sofitel Mumbai! The atmosphere was buzzing with insight and innovation—exactly what you'd expect when someone like Rahul Pandit, President & Executive Director - Hospitality, @Valor Estate, is behind the scenes curating the event. Held in an intimate, elite drawing room setup, personally overseen by Manish Dayya, General Manager, Sofitel Mumbai BKC, it was a evening to remember. The panel lineup? Nothing short of exceptional! Anshu Sarin, Chief Executive, 91Springboard; Kahraman Yigit, Co-Founder & CEO, Olive Living; and Tejas Parulekar, Founder, SaffronStays were on point, with the conversation brilliantly guided by Jaideep Dang , Managing Director, Hotels & Hospitality, India JLL . So, what's NEXT? Rahul Pandit gave us a glimpse into the future: "India’s airlift will grow 200% in 5 years, adding 1,400 aircraft to the existing 771. This portends sustainable RevPARs for Hospitality. " He added, “ 34% of India is in its cities, which will be 50% by 2047. Per capita, $2,600 will reach $18,000 by then. These macros of uprooted urbanisation and increased income will boost pilgrimage and leisure breaks. .” And that’s not all: "Elections in 40 countries this year will unlock business expansion CapEx. This will spur inbound travel, and yield strong MICE demand FY27 onwards." Exciting times ahead for India NEXT in hospitality and tourism! #Hospitality #MICE #tourism

India's Hospitality Sector Booms! $93 million investment surge fuels growth, innovation, and expansion in India's vibrant hospitality industry. Get ready for enhanced travel experiences! For the full article visit- https://lnkd.in/em3H5bnu #HospitalitySector #InvestmentBoost #IndiaTourism #Travel #GrowthStory #HospitalityNews

VisitBritain India delivered GREAT Tourism Roadshows earlier in the year reaching over 300 industry contacts across six cities working closely with Dr Andrew Fleming Chandru Iyer Caroline Rowett Oliver Ballhatchet MBE and the awesome teams in the #UKinIndia network. Indian visitors to Britain spent a record £804 million in 2023 and is forecast to be a billion-pound visitor market by 2025. Visits to recover to 2019 levels this year reaching 696,000. Scheduled seat capacity on non-stop flights in summer (Jun-Sep. 2024) is 70% higher than same months in 2019. In Jan-Nov. 2024: non-stop routes from 9 airports in India into London (LHR, LGW) & Birmingham. 

India is having a moment. With the India outbound traveler poised to become the biggest global force in coming years, and major global brands racing to take part in India’s strong domestic market, there is no better time to host an event that seeks to shape the future of travel. Skift India Summit will encompass big-picture discussions around three different pillars: the outbound Indian traveler moving confidently around the world; the complete reset and growth of the domestic market post-pandemic; and the still sluggish-but-full-of-potential inbound tourist market to India. This isn’t your typical trade conference. Our events are ideas-driven, and the lineup of CEOs and leaders on stage are there to share their visions of the travel industry’s future and the opportunities India presents on a global scale.

Ethical imperative of sustainability in India's hospitality sector The ethical imperative of sustainability is driving transformative change in India's hospitality sector. Hotels and resorts that use sustainable practices can reduce their environmental impact, help local communities, and contribute to the country's socioeconomic development. There is an incremental value in imbibing sustainability for the business in the long run as the guest perception helps in growth of the business. As sustainability becomes more integrated into the industry's culture, India's hospitality sector has the opportunity to lead by example and create new global benchmarks for responsible tourism. #HRAWI #hospitalityindustry #hotelassociation #travelandtourism #hospitalityleaders #hoteliers #hospitalityevents #hospitalitynews #hotelmarketing #hotrelcareers #hoteltrends #restaurantnews #sustainability #gogreen #ecofriendly

The hospitality sector in India witnessed a growth of 15.8% in RevPAR in the last quarter of 2023. With support from the wedding industry, corporate, and social MICE demand, as well as the growing tourism sector, this trend is expected to continue into 2024 as well. Read more about the momentum of the hospitality sector in the last quarter of 2023 and its effect on the future here. Download JLL’s report here: https://lnkd.in/gGKQGy_C Jaideep Dang, Harmeet Singh Bedi, Roopa George, Adhiraj Guha Anumeha Chaturvedi, The Economic Times #Hospitality #Hotels #IndiaRealEstate JLL India