Budget 2014 – A Damp Squib For The Hospitality Sector: Mandeep Lamba, Managing Director – India, JLL Hotels & Hospitality
For the first time in recent history, the government in power had announced tourism as one of its four pillars for growth. Consequently, the hospitality was looking forward to significant new provisions in Budget 2014. However, quite like in most previous years, the government failed to give hospitality any notable relief and stimulus for growth. …