FHRAI WILL FOCUS ON GENERATING EMPLOYMENT & FOREIGN REVENUE IN HOSPITALITY AND TOURISM
Mumbai 17th August,(Sachin Murfdeshwar):FHRAI to support the Tourism Ministry’s vision to increase India’s share in International Tourist Arrivals to at least 1 % by end of XII Plan from the present 0.6% (requiring an annual growth of about 12%)
The 47th Convention of FHRAI’s theme will touch upon the aspects of employment generation in the hospitality industry
Mumbai, August 17, 2012: The hospitality industry’s apex body, Federation of Hotel & Restaurant Associations of India (FHRAI) supports the Tourism Ministry’s target to increase FTAs in 2016 by 11.37 MLN, DTVs in 2016 by 1496 MLN with additional requirement of 23.4 lakh Rooms in 2016 (Over 2010) and an additional employment through 24.48 MLN tourism in 2016 (over 2010) with Foreign Exchange Earnings of Rs.134665 Cr in 2016 (US$ 30.3 BLN).
To create a roadmap for the same, the theme of 47th Annual Convention of FHRAI which is going to be held in Goa from September 6 to 8 is also bearing the theme of ‘Employment Generation’.
Currently, the size of industry is pegged at 11.2 billion USD with 6.29 million Foreign Tourist Arrivals (FTA) with foreign exchange earnings of 11.394 billion USD. The industry’s contribution in India’s GDP is 5.92% (in 2011) which is expected to be at 7.3% in 2012. The industry also contributes 9.24% employment in the country with 53 million people employed.
FHRAI estimates that the Government shall increase the industry’s contribution to GDP at 7.8% by 2022. Moreover, the enhanced GDP shall be creating approximately 37 million direct & indirect new jobs. The Tourism Minister’s vision for 2016 states that 11.37 million foreign tourist arrivals (FTA) shall take place, along with 1496 million domestic tourist visits (DTVs), which the FHRAI shall support.
Mr Kamlesh Barot, President (FHRAI), says, “There are many impending issues hurting the growth of the Indian hospitality industry. The issues including, high taxes on tourism and moral policing due to archaic laws are primary issues among many. Moreover, high interest rates, inflation, lack of provisions for hospitality under infrastructure policies, sanitation, Airport & Tourist services, licensing, lack of trained manpower, exporter status, visa issues and the laws pertaining to the land acquisition for projects are also the areas of concern.”
Mr Vivek Nair, Honorary Secretary (FHRAI), says, “The hospitality industry has a huge manpower requirement and there will be a scope for additional employment generation in this industry. On the lines of our Tourism Ministry’s vision, the theme of Goa Convention has been kept as ‘Employment Generation’. There will be industry leaders chalking out the strategy and plans of realizing our goals.”
FHRAI has been raising several issues with the Central and State governments on taxation, licensing and other impending issues to improve the industry’s growth and development.
About FHRAI:
The Federation of Hotel & Restaurant Associations of India (FHRAI) is the apex body for the Hotel and Restaurant Industry in India. FHRAI provides an interface between the industry and political leadership, academics, international associations and other stakeholders, FHRAI is committed to promote and protect the interests of the Hospitality Industry.
FHRAI is the 3rd largest Hotel and Restaurant Association in the world and the largest in Asia-Pacific. The principal mission of FHRAI is to represent, promote and develop the Hospitality Industry in India.
FHRAI’s Members employ more than 17 Million direct workers and are the voice of the Hospitality Industry. FHRAI also runs the FHRAI Institute of Hotel Management situated in Noida that was started with an aim to provide the Indian Hospitality Industry with the next generation of Managers and Leaders. FHRAI IHM offers world-class quality courses in International Hospitality Administration and International Culinary Administration.
For more information please contact:www.linopinion.com
Mumbai 17th August,(Sachin Murfdeshwar):FHRAI to support the Tourism Ministry’s vision to increase India’s share in International Tourist Arrivals to at least 1 % by end of XII Plan from the present 0.6% (requiring an annual growth of about 12%)
The 47th Convention of FHRAI’s theme will touch upon the aspects of employment generation in the hospitality industry
Mumbai, August 17, 2012: The hospitality industry’s apex body, Federation of Hotel & Restaurant Associations of India (FHRAI) supports the Tourism Ministry’s target to increase FTAs in 2016 by 11.37 MLN, DTVs in 2016 by 1496 MLN with additional requirement of 23.4 lakh Rooms in 2016 (Over 2010) and an additional employment through 24.48 MLN tourism in 2016 (over 2010) with Foreign Exchange Earnings of Rs.134665 Cr in 2016 (US$ 30.3 BLN).
To create a roadmap for the same, the theme of 47th Annual Convention of FHRAI which is going to be held in Goa from September 6 to 8 is also bearing the theme of ‘Employment Generation’.
Currently, the size of industry is pegged at 11.2 billion USD with 6.29 million Foreign Tourist Arrivals (FTA) with foreign exchange earnings of 11.394 billion USD. The industry’s contribution in India’s GDP is 5.92% (in 2011) which is expected to be at 7.3% in 2012. The industry also contributes 9.24% employment in the country with 53 million people employed.
FHRAI estimates that the Government shall increase the industry’s contribution to GDP at 7.8% by 2022. Moreover, the enhanced GDP shall be creating approximately 37 million direct & indirect new jobs. The Tourism Minister’s vision for 2016 states that 11.37 million foreign tourist arrivals (FTA) shall take place, along with 1496 million domestic tourist visits (DTVs), which the FHRAI shall support.
Mr Kamlesh Barot, President (FHRAI), says, “There are many impending issues hurting the growth of the Indian hospitality industry. The issues including, high taxes on tourism and moral policing due to archaic laws are primary issues among many. Moreover, high interest rates, inflation, lack of provisions for hospitality under infrastructure policies, sanitation, Airport & Tourist services, licensing, lack of trained manpower, exporter status, visa issues and the laws pertaining to the land acquisition for projects are also the areas of concern.”
Mr Vivek Nair, Honorary Secretary (FHRAI), says, “The hospitality industry has a huge manpower requirement and there will be a scope for additional employment generation in this industry. On the lines of our Tourism Ministry’s vision, the theme of Goa Convention has been kept as ‘Employment Generation’. There will be industry leaders chalking out the strategy and plans of realizing our goals.”
FHRAI has been raising several issues with the Central and State governments on taxation, licensing and other impending issues to improve the industry’s growth and development.
About FHRAI:
The Federation of Hotel & Restaurant Associations of India (FHRAI) is the apex body for the Hotel and Restaurant Industry in India. FHRAI provides an interface between the industry and political leadership, academics, international associations and other stakeholders, FHRAI is committed to promote and protect the interests of the Hospitality Industry.
FHRAI is the 3rd largest Hotel and Restaurant Association in the world and the largest in Asia-Pacific. The principal mission of FHRAI is to represent, promote and develop the Hospitality Industry in India.
FHRAI’s Members employ more than 17 Million direct workers and are the voice of the Hospitality Industry. FHRAI also runs the FHRAI Institute of Hotel Management situated in Noida that was started with an aim to provide the Indian Hospitality Industry with the next generation of Managers and Leaders. FHRAI IHM offers world-class quality courses in International Hospitality Administration and International Culinary Administration.
For more information please contact:www.linopinion.com
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| From left to right Mr Dinesh Advani, Jt. Honorary Secretary, FHRAI, Mr Kamlesh Barot, President, FHRAI, Mr Malvinder Narang, Secretary General, HRAWI and Mr Sunit Kothari, Co-Chairman, FHRAI Goa Convention while addressing the press on the Road Map for the Hotel Industry till the year 2012 and the 47th Annual FHRAI convention. |
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| Mr Kamlesh, President, FHRAI (Federation of Hotel & Restaurant Associations of India) |
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