The global financial crisis has taken its toll on the Tourism Industry. At a meeting with the members of the Federation of Hotels and Restaurants Association of India (FHRAI), the Government suggested that hotels should slash their tariffs by 10 to 15 percent.
FHRAI Delegation comprised of 5 members namely Vivek Nair, Vice-chairman, Leela Group; Rajindra Kumar, Hotel Taj Ambassador, Delhi; Salim Sherwani, Sherwani Hospitalities Ltd; Dr. Sunil Gulati, Uttarakhand Hospitality and Major Harish Sud, Secretary general, FHRAI.
Government and hotels are likely to review mandatory safety and security norms for the hospitality industry. Security norms need to be more stringent in the wake of the terrorist attacks on prestigious five star hotels in Mumbai. The vice-president (hotels) at India Tourism Development Corp. Ltd, Sudhir Sibal said that as terrorists are updating themselves with time, hotel industry should also become more updated. 
Dubai - US singer Kylie Minogue launched the 2-billion- dollar Atlantis Palm Jumeirah resort in the Gulf emirate of Dubai with a 45-minute performance set on the beach late on Thursday.
Sharjah, 11th Nov. 2008 -- Sharjah is planning to add over 5,000 new hotel rooms in the next two years, increasing the total number of hotel rooms to 12,000 rooms by 2010, a senior tourist official has disclosed.
Contrary to Wall Street's expectations, the global economic downtown has impacted Disney Co.'s quarterly results, harder and faster than expected. Experiencing a sharp decline in hotel bookings and low revenue returns from network advertising, Disney's shares slid 9%, recovering a little after executives stimulated bookings by announcing hotel discounts, during the first half of 2009. 
