Hoteliers look beyond C’wealth Games hiccups
Tourists may not have filled up rooms during the ongoing Commonwealth Games as expected, but hoteliers are optimistic about the future.business Updated: Oct 12, 2010 22:29 IST
Tourists may not have filled up rooms during the ongoing Commonwealth Games as expected, but hoteliers are optimistic about the future.
Seeking to cash in on the incentives doled out by the government for creating capacity for the Games, industry experts said the hospitality sector stands to gain in the long run.
“No one builds hotels for 15 days. Let’s look at it as a long-term investment that has long term benefits,” said Nakul Anand, divisional chief executive, ITC Hotels.
“Creation of an additional capacity is good for the country’s infrastructure,” said Sushil Gupta, chairman and managing director, Asian Hotels (West).
Despite the dismal turn up of tourists during the CWG, Federation of Hotel & Restaurant Associations of India President Arjun Sharma said occupancy levels are expected to go up as the season peaks. “We expect occupancy to go up to 80 per cent in the coming season.”
First Published: Oct 12, 2010 22:28 IST