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Hotel industry to tag with Infrastructure

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After a long series of talks and discussion there arises good news for the slow moving hospitality industry of the country. Source reported at www.propertykhazana.com reveals that the hospitality will now be rewarded with the infrastructural tag soon as declared by the tourism ministry. At an inaugural function of three day in Jaipur – Secretary, Ministry of tourism Sujit Banerjee stated that “after the long suffering of low market in hospitality now it the time has come for better business in the hospitality sector and hence to upgrade the spirit the govt. will declare this segment in the category of infrastructure”.
The panic situation of Mumbai attack fueled the low number of occupancy at the major potential locations of hospitality and it also reduced the number of foreign tourist to the Indian hot spots deeply 12 percent as added by Benerjee at www.propertykhazana.com. It is definitely an encouraging line for all the hotel owners as after the declaration the lending rates for such projects will be quietly reduced in future. Apart from this the ministry is also planning for a single window clearance to fasten the process of hotel constructions and other associate task, further added by the Ministry of tourism.
Chairperson and MD of Lalit Suri Hospitality Group have revealed at the www.propertykhazana.com that “India has a lot potentiality in tourism sector and it is yet to configure in to proper shape to get better prospect for the country”. Going ahead she also points about the huge participation of the buyers and the other participants at “The Great Indian Travel Bazaar” which was a successful event organized by Federation of Indian Chambers of Commerce and Industry in collaboration with Rajasthan Tourism and ministry of central tourism. For more updates visit www.propertykhazana.com.
Source: NBTVLIVE

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