• Tourism the driving force of future economy of Odisha
    By J.K Mohanty, MHCIMA Hospitality and the tourism Industry world over has been battered and badly hit by the COVID-19. It will take at least a year for the tourism business to get back to full fledged operations. Countries have blocked entry to foreigners, airlines have shut due to no demand, hotels have lost huge revenue, some of the employees have also lost jobs and some are suffering due to low salary, travel agents and tour operators have lost badly and will take a lot of time to swing back … Read more
  • Do not thrust Kamath Committee recommendations on hotels: HRAO
    While lauding the government’s move to set up the Kamath Committee, the Hotel & Restaurant Association of Odisha explains how the recommendations of the committee would result in borrowers slipping into the NPA category The government’s move to set up an expert committee, headed by KV Kamath, to make recommendations on the necessary financial parameters in context of the Resolution Framework for Covid-19 related stress, has been a welcome move. However, the Hotel & Restaurant Association of Odisha (HRAO) has expressed concern at the fact that the recommendations of the Kamath … Read more
  • Inadequate hotels in Odisha detrimental to escalation of the tourism sector
    Despite having the enormous potential of tourism in all segments i.e. beaches, lakes, mountains, tribes, the richness of temple architecture, heritage, eco tourism and much more to offer, Odisha gets the lower tourist traffic to the state. Odisha’s leading hotelier and Chairman – Hotel and Restaurant Association of Odisha (HRAO) J K Mohanty, CMD, Swosti Group highlights that inadequate number of star category hotels is one of the biggest hurdles in placing Odisha as the tourism hub in eastern part of the country. According to the data released by Ministry of … Read more