The Ascott Limited, a leading hospitality company in the serviced residences space, welcomes the government’s focus on encouraging tourism and infrastructure development.
Hoshang Garivala, Country General Manager – India I Ascott International Management India Pvt Ltd., in his reaction to the Union Budget, said, “We are confident that there will be rise in demand in the apartment hotel space and will create new opportunities for the industry. The budget has provided a positive outlook for the hospitality industry, and we are eager to leverage this momentum to drive further growth in the coming year.”
