“The future of the hotel industry hinges on a strong infrastructural backbone that supports growth and innovation; She also supports giving infrastructure status to hotels costing Rs 10 crore or more. A synergistic alliance between the government and the private sector is paramount to fully realizing the immense potential of the tourism and hospitality industry,” says Dr. Jyotsna Suri, Chairperson and Managing Director, of Bharat Hotels.
As the Union Budget 2024 approaches, Chairperson and Managing Director, of Bharat Hotels, Dr. Jyotsna Suri highlights the need for a substantial infrastructural push to bolster the hotel industry in India. Dr. Suri’s call for action underscores the critical importance of infrastructure development for the tourism and hospitality sector, emphasizing its potential to drive growth and enhance India’s economic landscape. She opines, “Giving infrastructure status to hotels costing Rs 10 crore or more makes investing in new properties more attractive. This recognizes the sector’s potential to significantly contribute to India’s growth in the upcoming Union Budget.”
Dr. Jyotsna Suri’s Take on Infrastructure as a Gateway to Tourism
Infrastructure is the backbone of any thriving industry, and the tourism and hospitality sectors are no exception. Dr. Jyotsna Suri points out that well-developed infrastructure, including roads, airports, and public transportation, is essential for attracting tourists and ensuring a seamless travel experience. “Infrastructure development is the foundation upon which the tourism and hospitality sector can build a robust and sustainable future,” says Dr. Suri. Currently, gaps in infrastructure can act as deterrents, hindering the accessibility and overall attractiveness of tourist destinations.
Efficient connectivity and accessibility not only make travel more convenient but also enhance the overall appeal of tourist destinations, encouraging repeat visits and positive word-of-mouth recommendations.
Impact of Improved Infrastructure on Tourism Influx and Economic Growth
The correlation between infrastructure development and tourism influx is undeniable. Improved infrastructure can significantly boost tourist arrivals, leading to increased occupancy rates in hotels and higher revenues for local businesses. By prioritizing infrastructure development in the budget, the government can unlock the true potential of India’s tourism industry. “Investing in infrastructure is not just an enhancement; it’s a strategic imperative for catalyzing tourism growth and regional prosperity” emphasizes Dr. Jyotsna Suri. When tourists have access to modern amenities and efficient transportation, they are more likely to explore various destinations and spend more on accommodations, dining, and entertainment, thus contributing to the local economy.
Furthermore, the ripple effects of increased tourism extend beyond the hospitality sector. The influx of tourists creates job opportunities in various related industries, including retail, transportation, and entertainment. As a result, the overall economic growth of the region receives a substantial boost, improving the standard of living for local communities and promoting sustainable development.
Revised Government Policies and Investment
Recognizing the pivotal role of infrastructure in driving tourism and economic growth, Dr. Jyotsna Suri’s advocacy highlights the need for a multi-pronged approach in the Union Budget 2024. The government should not only allocate sufficient funds for infrastructure projects but also streamline policies to expedite project completion and ensure efficient use of resources. Public-private partnerships can also be leveraged to bridge the investment gap and accelerate infrastructure development. By allocating resources to build and upgrade infrastructure, and lowering the tax rates, the government can pave the way for a thriving tourism and hospitality sector.
As the Union Budget 2024 looms on the horizon, Dr. Jyotsna Suri’s advocacy resonates strongly within the tourism and hospitality sector. The importance of infrastructure development and the status quo cannot be overstated, as it forms the bedrock of a successful and sustainable industry. “Investing in infrastructure is not merely about building roads, buildings, and airports; it’s about creating a resilient framework that supports and amplifies the entire tourism ecosystem,” concludes Dr. Jyotsna Suri. Improved infrastructure not only attracts more tourists but also drives economic growth and job creation, benefiting local communities and the nation. As the country continues to emerge as a global tourist destination, the foundation laid by robust infrastructure will ensure long-term growth and prosperity for the industry and the nation.
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