Political manifesto spurs interest in India investment

Investors are showing major interest in India as the country's Bharatiya Janata Party (BJP) put forth a manifesto identifying tourism as a sector that has the potential to attract major foreign exchange and create jobs. 

According to the Economic Times, India has the lowest tourist inflow among the emerging countries, but this can all change if the BJP's PM-designat Narendra Modi puts his plan in motion. In the last four years, after launching the Gujarat tourism campaign, tourist inflow in the state has grown at 17 percent every year. 

"Curiously, hotel stocks - Indian Hotels, EIH and Leela Ventures - have already started to see some investor interest," writes the Economic Times. "And even though the markets closed flat on Tuesday, all these hotel stocks were up 6-10 percent."

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.


Read more on