World Class Hotels Near Chennai Airport
Chennai is often termed as the cultural capital of India for its deep-rooted traditions and long heritage. Today this buoyant metropolis is a blend of the old and the new, the traditional and the modern. One can find number of good cheap hotels in Chennai with all basic amenities such as a telephone, an alarm clock, a television, a safe, a mini-bar with snack foods and drinks. They offer a regal combination of royal ambience and contemporary world class luxury, with a touch of softness and indulgence. The hotels of the city of Chennai provide quick and crisp service for smart travellers seeking hassle-free and contemporary experiences. They provide an array of standard facilities, remarkable services and homely comfort to its guests. The hotel with its intricate design, modern and traditional design creates a unique in-room experience. Business centre with all mega features such as wi-fi, internet, fax and photocopy, video conferencing etc makes your trip surely convenient and successful.
The state of the art facilities of the Hotels near Chennai Airport blend style and comfort to create a memorable event. The easy connectivity to the airport and accessibility to the major corporate offices makes it a popular location for business traveller. A unique blend of conventional and modern thoughts, the hotel is surely a surprise package for travel lovers. Keeping in mind the number of tourist visits the city in a day the staff of hotels are all well behaved and trained. Visitors from far off places are overwhelmed by the warm and pleasant service they receive at the hotel. Few of the hotels have shopping facility displaying special antique, cultural items, handicrafts for gift purpose. The dining options at the hotel provide a great opportunity to savour cuisines from around the globe. The hotels of the city of Chennai provide quick and crisp service for smart travellers seeking hassle-free and contemporary experiences. They provide an array of standard facilities, remarkable services and homely comfort to its guests. The hotel with its intricate design, modern and traditional design creates a unique in-room experience. Business centre with all mega features such as wi-fi, internet, fax and photocopy, video conferencing etc makes your trip surely convenient and successful.
Hotels with good infrastructure and efficient service are easily available across the city within the reach of the tourists. The hotel with its artistic ambience will surely enchant you all through your stay. There are various Ayurveda spa and resort offering an array of spa treatments for the much needed holistic inner peace. Cheap hotels in Chennai also offer facilities like baby sitting, currency exchange, direct dial STD/ISD, and a mini-bar making your trip cherished in true sense. Once you enter the hotel you will be experience the limitless hospitality, the premium characteristics of the hotel. There are various types of guest rooms and suites which allows the valued guests a choice to suit their taste. Hotels near Chennai Airport boasts of world class facilities and amenities that ensure guests of a relaxing and comfortable stay. With cosy accommodations and super warm hospitality, the stay at the hotel will be surely worth remembering.
Information Of Hotel Industry Laws In India – Part2
Tax benefits/ incentives.
.Current projections in budget.
Hotel Industry in India currently has supply of 110,000 rooms and there is a shortage of 150,000 rooms fueling hotel room rates across India. According to estimates demand is going to exceed supply by at least 100% over the next 2 years. To overcome, this shortage Indian hotel industry is adding about 60,000 quality rooms, currently in different stages of planning and development, which should be ready by 2012.
Indias hotel industry comprises of four main categories star hotels, heritage hotels, budget hotels and unclassified hotels. It is expected that the budget and mid-market hotel segment will witness huge growth and expansion while the luxury segment will continue to perform extremely well over the next few years.
It is forecasted to be the number 3 market in the world by 2015 for hospitality and tourism.
The industry is growing at a very rapid pace and there is a demand for more rooms both in metros and smaller towns.
In short, the Indian hospitality industry is poised for tremendous growth as the demand-supply imbalance has prompted several national and international hotel companies to focus their energies towards expansion in India. The next few years will thus witness the opening of several hotels in India.
Regulatory policy
The Ministry of Tourism is the nodal authority & along Dept. of Tourism it is responsible policies promotion & regulation of hospitality industry particular hotels.
The following are the some of important guidelines issued by the Dept. of Tourism.
.Approval of Hotels at Project Stage and Classification & Reclassification of Hotels.
.Guidelines for Classification of Heritage Hotels.
.Time Share Resorts (TSR).
.Stand Alone Restaurants
.Guidelines for apartment hotels.
.Guidelines for approval of Guest Houses.
FDI in this sector is permitted up to 100 per cent on the automatic route. For foreign technology agreements, automatic approval is granted if:-
.Up to 3 per cent of the capital cost of the project is proposed to be paid for technical and consultancy services.
.Up to 3 per cent of the net turnover is payable for franchising and marketing/publicity fee, and
.Up to 10 per cent of gross operating profit is payable for management fee, including incentive fee.
Incentives
Tax incentives under the current Budget
.Five year holiday from income tax being granted to two, three or four star hotels established in specified districts having UNESCO-declared ‘World Heritage Sites’; the hotel should be constructed and start functioning during the period April 1, 2008 to March 31, 2013.
.FBT exempted on crche, employee sports, guest houses facilities.
.No specific projections for this sector under the Current Budget.
Conclusion
The thriving economy and increased business opportunities especially growth in the tourism in India have acted as a boon for Indian hotel industry.
The future scenario of Indian hotel industry looks extremely rosy. It is expected that the budget and mid-market hotel segment will witness huge growth and expansion while the luxury segment will continue to perform extremely well over the next few years.
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