NITI Aayog report seeks sweeping tourism reforms; flags regulatory hurdles slowing hotel growth
A NITI Aayog report highlights India's lengthy hotel setup times compared to ASEAN nations. It recommends regulatory reforms to speed up project approvals and reduce costs. The report suggests simplifying licenses and liberalizing construction norms for faster development. These changes aim to increase India's limited branded hotel room supply. Ultimately, these reforms will enhance India's global tourism competitiveness and economic growth. A NITI Aayog report highlights India’s lengthy hotel setup times compared to ASEAN nations. It recommends regulatory reforms to speed up project approvals and reduce costs. The report suggests simplifying licenses and liberalizing construction norms for faster development. These changes aim to increase India’s limited branded hotel room supply. Ultimately, these reforms will enhance India’s global tourism competitiveness and economic growth.
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