The G20 Summits’ Effect on India’s Major Cities’ Hotel and Travel Sector
A major international gathering, the G20 summit, brings together the heads of state of the main economies to talk about economic policy and world affairs. The summit this year is slated to take place in India’s capital city of New Delhi, and it is anticipated to have a significant impact on the nation’s hospitality and tourism sectors. The summit is a fantastic opportunity for India’s major cities to demonstrate their tourism potential and draw foreign tourists, with representatives from 29 nations slated to attend.
Boosting Tourism in India’s Major Cities
India is a diverse country with a rich cultural heritage, scenic landscapes, and modern cities, making it an ideal destination for tourists. The G20 summit provides a unique chance to promote India’s major cities to a global audience, attracting both business and leisure travellers and boosting the hotel and travel industry in these cities.
The Impact of G20 Summits on the Hotel Industry
As a high-profile event, the G20 summit demands massive infrastructure and logistical support, including accommodation for delegates and their entourage. The summit attracts world leaders, high-level officials, and corporate executives, who demand top-notch accommodation and services. The hotel industry in India’s major cities is gearing up for the summit, with several international hotel chains expanding their operations and opening new properties. The summit is expected to significantly boost the hotel industry, generating revenue and creating job opportunities.
The government officially expects 150,000 international delegates for the summit, but the number could be higher since many invitees may bring their families along. Several top leaders may also go on private trips, expanding business activity. Hotels expect full occupancy in Delhi hotels in September and October. Delhi hotels are expected to rise to ₹40,000-50,000 a night for official delegations at that time and could be sold out. To ensure a seamless experience for delegates, the government has contracted Thomas Cook Ltd to manage about a third of the G20’s official business in India, including airport assistance, en route branding, and hotel assistance such as setting up help desks.
The Impact of G20 Summits on the Travel Industry
The G20 summit is not only an opportunity for the hotel industry but also for the travel industry in India’s major cities. The summit is expected to attract business and leisure travellers, who will explore the country’s rich cultural heritage and scenic landscapes. The travel industry in India’s major cities is also gearing up for the summit, with several tour operators and travel agencies offering specialized packages for the summit attendees. The summit is expected to significantly boost the travel industry, generating revenue and creating job opportunities.
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