The 6th HAI Hoteliers’ Conclave is being organized by Hotel Association of India (HAI), the Apex Body of the Indian Hospitality Industry on the 12th of February 2024 in New Delhi.

The theme for the Event is Hospitality – The Engine for GDP Growth & Employment

India stepped into the “Amrit Kaal” or “The Era of Elixir on the country’s 75th Independence Day. It has embarked upon the journey of realising the vision 2047 for a ‘New India’, as it turns 100. The coming years will restructure the Indian economy through rapid and inclusive growth, better living conditions for all, infrastructural and technological advancements and re-awakening the world’s trust in India.

Hospitality sector can contribute to India Vision 2047 like no other sector perhaps can. The sector has the highest multiplier effect in the economy in comparison to manufacturing or even the agriculture sector. Hotels create jobs across skill sets and even employ women and especially abled persons in large numbers. In addition to the direct jobs, the number of indirect jobs created by hotels is huge.

Hotels are important for the GDP contribution and for job creation, especially in a young nation that is working towards the kind of economy that the Vision envisages. Hotels help in building the culture and also bring about the overall development of the region in which they are located. More important is the role that Hotels can play in achieving the SDGs that India has endorsed.

Indian hospitality with its ethos of Atithi Devo Bhava has positioned India on the world tourism map. Hotels played a significant role in the success of the recent G20 summit showcasing the country’s rich heritage, cuisines and worldclass services and facilities globally.

The Conclave through its sessions is an endeavor to highlight the immense opportunity in the sector It is estimated that the industry’s direct contribution to India’s GDP will touch $1 trillion by 2047.The challenges that lie in the path of unleashing the full potential of Indian hospitality in its contribution to GDP, jobs and foreign exchange will also be examined at the Event discussions.

Historically Tourism and hospitality have been a key driver of GDP and employment and there is absolutely no doubt that the sector will also be critical as India looks at becoming a developed Nation in 2047.