According to a report on tourism and hospitality sector under the ‘Make in India’ campaign, the sector has contributed Rs 2,17,810 crore to the GDP in 2013 and its share in the pie is expected to rise by another 7.5% by end of this fiscal. The report also recognized that tourism sector in India is one of the largest employment generator as well.
In order to give boost to the tourism sector, the Budget for 2015-16 is likely to expand the scope of LTA and LTC by including hotel and other expenses besides travel for the purpose of tax benefit. This kind of promotional activities will boost the growth of the sector in near term.
The promoters of Unique SMCS have significant expertise in the construction, development, and operations of hotels. It has collaborated with one of the diversified chain of hotel groups – Wyndham Hotel Group. The company is now poised to grow further in 2016 by launching its unique happy class models at Vijayvada, Jaisalmer, Lonavala and Ludhiana, catering to the needs of the visitors of these locations.