PARVEEN CHANDER, EXECUTIVE VICE-PRESIDENT, SALES AND MARKETING, IHCL
"As we venture into 2024, the hospitality sector stands on the brink of a transformative era, marked by robust domestic demand and growth of travel infrastructure, shaping the hospitality landscape.
"A trend gaining considerable momentum is spiritual tourism in India, propelled by the country's rich cultural and spiritual heritage. This dovetails with the increasing preference for tailored itinerary planning services, catering to travellers seeking personalized, private tours that offer unique, experiential journeys.
"The growing awareness about the impending side effects of climate change will see an even bigger rise in eco-conscious travellers in the coming years, led by the younger generation of travellers. As travellers increasingly choose to decrease their ecological footprint, they can stay at one of The Indian Hotels Company (IHCL)'s many hotels, which are consistently phasing out singleuse plastic, like IHCL's first zero single-use plastic resort - Taj Exotica Resort & Spa, Andamans - with sustainable practices inherent in its design and services.
"The wedding segment continues to be a significant revenue driver, with the growth observed in 2023 expected to persist into 2024.
"Inbound tourism is showing signs of a strong rebound, with figures poised to surpass those of FY 2019-20, particularly post the elections, as we anticipate an influx of international delegations. We are also witnessing the rise of new destinations like the North East, Central India, Lakshadweep, and the interiors of Kerala."
RANJU ALEX, AREA VICE-PRESIDENT, SOUTH ASIA, MARRIOTT INTERNATIONAL
"The year 2024 represents a turning point in the hospitality sector, where innovation and experiences will be prioritized on the basis of the needs of the consumers.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The Big Fat Indian Wedding
With a slew of initiatives, hotels are ensuring that the wedding day is special for the couple as well as for the hotel's bottom line.
An Organization Of Rainmakers!!!
Rainmakers are revered for their ability to generate income (rain) for an organization by cracking deals, attracting clients/guests and holding on to them; often, for a lifetime... Revenue generation (rainmaking) is the job of everyone on the team.
Hospitality: A Rewarding Career Awaits
Delving into the roles and responsibilities that professionals in the field of hospitality can undertake in carving a rewarding career.
"India is my first baby!"
Bader Ali Habib, Regional Head of Proximity Markets, Dubai Department of Economy and Tourism, gets candid.
The Essence of Landscape Architecture
Innovative landscaping can enhance the luxury hospitality experience by enriching guest interaction with the natural world.
Teaching the Art of Tea
The first global tea artist from India, teaching the art of making and drinking fine tea, Susmita Das Gupta talks about her mission to make Indian specialty tea reach a global audience.
Feeding Profits
Food and beverage is driving revenues in hospitality in novel ways as hotels innovate with new-age experiences.
Acing the Revenue Game
Hotels are looking at new avenues to generate revenues that go beyond rooms and food.
The Power of Predictive Maintenance
A strategic approach to enable Indian hotels to become leaders in sustainable hospitality.
Shaping a Sustainable FUTURE
To mark the occasion of World Environment Day this month, we find out how the hospitality industry is paving the way for a greener, healthier tomorrow...