Why tourism sector is broken in India
There is an easier hypothesis why holidays in India have become Ultra expensive.
Most of the luxury hotels in India are not a source of livelihood for the people who run them. It is not a legit business entity.
Most hotels are a product of corruption and swindle by the owners of that hotel. Many are owned by real estate barons, already rich businessman and corrupt politicians and babus who use them as a front to park their ill gotten gains.
Laws of economics do not apply to them applicable to them. They don't care if the hotel makes or loses money.
Because most of it is built from corrupt money. If is not as if their livelihood depended on it.
In that brief post Covid period when people wanted to get out and there was a travel boom, these guys realized they could get away with any price as people were paying.
Now as they have smelt blood, they don't want to reduce. And they won't, even if their hotel goes empty and they suffer a loss. It doesn't put food on their table anyway.
Tourist services in other countries are a source of livelihood for people who operate them. They won't be able to put food on their table if tourists don't come. That's why they are competitive in terms of price and service.
In India tourist services are basically a Mafia. They don't care if you come or not. Their party will keep going on. more
Most of the luxury hotels in India are not a source of livelihood for the people who run them. It is not a legit business entity.
Most hotels are a product of corruption and swindle by the owners of that hotel. Many are owned by real estate barons, already rich businessman and corrupt politicians and babus who use them as a front to park their ill gotten gains.
Laws of economics do not apply to them applicable to them. They don't care if the hotel makes or loses money.
Because most of it is built from corrupt money. If is not as if their livelihood depended on it.
In that brief post Covid period when people wanted to get out and there was a travel boom, these guys realized they could get away with any price as people were paying.
Now as they have smelt blood, they don't want to reduce. And they won't, even if their hotel goes empty and they suffer a loss. It doesn't put food on their table anyway.
Tourist services in other countries are a source of livelihood for people who operate them. They won't be able to put food on their table if tourists don't come. That's why they are competitive in terms of price and service.
In India tourist services are basically a Mafia. They don't care if you come or not. Their party will keep going on. more
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Which luxury hotels are you referring? almost all 5 star hotels are owner or run by Tatas (The Taj group), Oberois (EIH), Sheratons (ITC), Merruit (French group) etc. I have stayed and taken meals in all of them. I don't understand your grouse. more
5 h ago
Most of the hotels are owned by corrupt politicians and Babus etc is quite true. The travel to places is also expensive unless you plan everything at least 2 to 3 months in advance. The tourism sector needs to be given impoertance/ more
6 h ago
