• News by Month

  Select Month February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006

• News by City

  • Bangalore
  • Chennai
  • Delhi
  • Faridabad
  • Gurgaon
  • Hyderabad
  • Kolkata
  • Mumbai
  • Noida
  • Pune

• News by Category

  • NRI
  • FDI
  • Home Loans
  • Real Estate India
  • Banking and Finance
  • Real Estate Developers

« Safexpress Expands Further with its ultra-modern ‘Logistics Park’ at Ahmedabad | Home | Irish Property Investors Seek Clarification over Delayed Projects »

Infrastructure Status to Tourism Sector will Benefit Hotel Industry

According to PTI report, Government of India (GoI) will soon give infrastructure status to the tourism sector, enabling hotels to get cheaper loans for new projects. While speaking at the inaugural session of the three-day ‘The Great Indian Travel Bazaar 2009’ (April 19-21, 2009) in Jaipur, Sujit Banerjee, Secretary, Ministry of Tourism said that getting infrastructure status for the tourism industry is near conclusion. According to Banerjee, tourist arrivals will increase in the country soon after they declined in recent months, especially after the Mumbai attacks in November last year. However, he declined to indicate a time-line for the industry to regain growth.

Banerjee also informed that foreign tourist arrivals have gone down by ten-12 per cent since the attacks. The Ministry of Tourism (MoT) is also working on a proposal for ‘single window clearance’ for setting up new hotel projects. “We are working on single window clearance for hotel projects in the country,” stated Banerjee. Further Jyotsna Suri, Chairperson and Managing Director, The Lalit Suri Hospitality Group said, “India is a key (tourism) destination and is still unexplored.” She also informed that 178 exhibitors and buyers are participating in ‘The Great Indian Travel Bazaar’ this year, which is jointly organised by the Ministry of Tourism, Rajasthan Tourism and the Federation of Indian Chambers of Commerce and Industry (FICCI). Special guest to the event, film director Yash Chopra said that India has lot to offer to the film industry in terms of locations for film shooting. It also offers a lot to the foreign, as well as domestic tourists.

News Published Under:   Real Estate India | No Comments »

Comments

Name (required)   

Mail (required)      

URL