The Grand Indian Hospitality Show (TGIHS) is all set to take place on November 24 in Delhi. Presented by The Economic Times, the show will focus on leisure and hospitality as a dominant sector in various established areas and nascent businessesÂ untapped by the market.
Tourism in India is the third largest foreign exchange earner in the country after gems, jewellery and ready-made garments. The hospitality sector is among the top 15 sectors in India to attract the highest Foreign Direct Investment (FDI). During the period April 2000-September 2015, the hotel and tourism sector attracted around US$ 8.48 billion of FDI, according to the data released by the Department of Industrial Policy and Promotion (DIPP).
Commenting on TGIHS, Deepak Lamba, President, Times Conferences Ltd said, “We are glad to announce The Grand Indian Hospitality Show in Delhi. Known for its cultural diversity and ancient history, Delhi is a perfect venue to host the show. The show will facilitate multiple panel discussions and see top industry leaders deliberate pertinent topics from the hospitality industry.”
The tourism industry has had a cascading effect on the hospitality sector with higher occupancy ratios and average room rates. The long term outlook for the Indian hospitality business continues to be positive, both for the business and leisure segments with the potential for economic growth and increase in disposable incomes.
The Grand Indian Hospitality Show 2016 will see leaders in the travel and hospitality space discussing topics like:
- The Governmentâ€™s tourism vision and the role of the hospitality industry in realising the dream
- Challenges and opportunities in developing alternate tourism destinations
- The new age General Manager â€“ managing various stakeholders and ensuring profits
- Reinventing F&B options as an alternate source of revenue
- FiveÂ technologies to watch out for in 2017 for smarter hotels
- E-procurement and the benefits it brings with it
Through a series of co-located events such as exhibition, conferences, awards and networking receptions, the event will create the most exclusive and candid platform for business in the hospitality sector, with upcoming and existing luxury and mid-scale properties from all corners of India to come together to explore opportunities, source innovative products, and analyse issues that the industry faces in these dynamic times.