The new Budget for 2023-24 has brought a boom to the Travel and Hospitality Industry three years after the pandemic. The industry is expected to focus on foreign travellers to splurge in exploring the world. The industry needs to focus on sustainable tourism and domestic hospitality to promote eco-tourism opportunities.
The industry has suffered a lot during the pandemic, it’s time to rebound with new strategies. This time, the travel industry will promote domestic tourism where tourist guides will reassure their security and aid Swadesh-Darshan. Industries also expect the centre to give rebates to hotels across the country in tax.
The budget ignitions the work of the government and the industry. The hotels, restaurants, and resorts are built in an eco-tourism manner to give traditional and sustainable development to the country and save mother earth.