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Will boom in hospitality industry last?
Sunday, 07.29.2007, 09:44pm (GMT-7)

NEW DELHI: Delhi's established players of the Indian hospitality industry last week discussed the current boom being witnessed by the industry and debated how long will this boom really last. The industry gurus were brought together at the Hotelex Conclave II, which was organized by CMP trade exhibition organizers on July 20 at India Habitat Centre. Distinguished speakers at the Conclave were Vipin Luthra- MD Ansal Group, Atul Mehrotra- Director Uppal Orchid Group, Kamal Sharma- Secretary General FHRAI.

The moderator was Anuraag Bhatnagar- GM Le- Meridian, Jaipur.While providing a great opportunity for this generation, there are some challenges that need to be worked to retain the burgeoning sector and this was the highlight of the second edition of Hotelex Conclave."India in its growth and evolution, is witnessing a great change in this sector.

The Indian hospitality market is booming and has become a target for big global names within the industry" stated M. Gandhi Managing Director UBM India Pvt Ltd. He added, "We are overwhelmed with the support and the tremendous response we got out of both the conclaves in Mumbai and Delhi. We look forward to similar response in Bangalore too in August." Commenting on the session, Kamal Sharma, Secretary General FHRAI said, "With the economy growing at a fast pace, the approach and thinking of the people has to grow to keep pace and continue to contribute to the booming industry".

Vipin Luthra, MD Ansal Group said, "There is no doubt boom is there and it will grow. Demand will continue to grow, lots of projects are in pipeline but the boom growth depends on the supplier side, there is uncertainty from supplier side" Hotelex Conclave is a prelude to Hotelex India 2007 - India's leading hospitality industry exhibition.

After successfully completing 16 years of Hotelex Shanghai the largest trade fair for China's travel, hotel & catering Industry; CMP announced Hotelex India 2007 a truly international hospitality exhibition due to take place from December 6 - 8 at MMRDA Ground, Bandra Kurla Complex, Mumbai.
India Post News Service

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