Indian tourists are key drivers of APAC hospitality growth: Colliers
Indian tourists are becoming a year-round source of demand in the sector, the report noted, helping sustain high room rates and marking a structural change in regional hospitality dynamics.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
24 minutes ago
- Economic Times
India's most romantic director, Yash Chopra, was once in love with '70s leading lady Mumtaz: 'I was not very beautiful but ...'
Mumtaz, the celebrated Bollywood actress, recently unveiled a respectful marriage proposal she received from Yash Chopra during his early career as an assistant director. Despite declining due to her career aspirations, their bond remained strong, marked by mutual respect and admiration. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads During the golden era of the 1970s, Mumtaz stood tall as one of Bollywood's most celebrated and well-compensated actresses. Known for her charm, talent, and screen presence, she became a household name through a series of unforgettable the veteran actress shared a lesser-known chapter from her early career, revealing a deeply respectful and heartfelt proposal she once received from the now-legendary filmmaker Yash Chopra, long before he became a towering figure in Indian that time, Chopra was merely an assistant working under his brother, B.R. Chopra. Mumtaz recalled that he held genuine admiration for her during those formative days in the film she described herself modestly, it was clear that the young assistant director was drawn to her. With great humility and dignity, he once expressed his desire to marry her. However, Mumtaz, still focused on her aspirations and career path, gently declined the proposal, believing her journey had only just begun and her professional ambitions required undivided the rejection, a deep mutual respect defined their bond. She always regarded Yash Chopra as a person of rare integrity—someone who maintained class and courtesy, both in personal conduct and professional never viewed his proposal as anything less than sincere and dignified. Their paths remained intertwined as friends, and she even attended his wedding later on. Over the years, the admiration she held for him only deepened, especially as he rose to become one of Indian cinema's most revered filmmakers. She also acknowledged the legacy being carried forward by his son, Aditya Chopra, who continues to uphold the family's cinematic who married businessman Mayur Madhvani in 1974, chose to step away from the limelight to focus on her family. She embraced motherhood and life outside the industry, taking a lengthy 13-year hiatus from acting. Her marriage brought stability and joy, and she remained largely away from the arc lights during that with the passage of time, the iconic actress is contemplating a return to the screen. However, she is selective about the roles she might consider. She has made it clear that only characters that align with her personality and stature would be acceptable. She isn't interested in generic portrayals of elderly women unless the role offers substance and meaning. For Mumtaz, any potential comeback must reflect her legacy—strong, graceful, and unforgettable.
Economic Times
24 minutes ago
- Economic Times
India, a major user of coal power, is making large gains in clean energy adoption. Here is how
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel One of the most carbon-polluting countries, India is also making huge efforts to harness the power of the sun, wind and other clean energy sources. Most of the electricity in India, the world's most populous nation, still comes from coal, one of the dirtiest forms of energy. But coal's dominance is dropping, going from 60% of installed power capacity 11 years ago to less than 50% today, according to India's power the same time, India had its largest ever addition of clean power in the fiscal year between April 2024 and April of this year, adding 30 gigawatts - enough to power nearly 18 million Indian a growing middle class and skyrocketing energy needs, how fast India can move away from coal and other fossil fuels, such as gasoline and oil, could have a large impact on global efforts to confront climate is a snapshot of India's clean energy transition and some of the energy is now the most economical option Solar is now half the cost of power from new coal-powered plants. Availability of cheap components and many sunny days each year in India are some reasons experts say installed solar power increased 30 times in the last decade."Solar power is the cheapest it's ever been," said Ruchita Shah, an energy analyst at climate think-tank Ember. Shah added that dropping costs for energy storage, in the form of batteries, means that renewable power will be the "new normal," even when the sun doesn't shine or the wind doesn't has nearly 170 gigawatts of renewable energy projects in the pipeline, which are expected to be completed in the next few years."I have no doubt that India will reach its target of 500 gigawatts by 2030," said Raghav Pachouri, an energy expert at Vasudha Foundation , a New Delhi-based policies and private investments push renewables Experts say the growth in renewables is being spurred by India's plans to add approximately 50 gigawatts of non-fossil fuel power capacity every year for the next five years and for clean power to provide 50% of the nation's energy by the decade. When burned, fossil fuels let off greenhouse gases like carbon dioxide, the main driver of climate change.A 2022 law that made electricity cheaper for companies choosing to buy clean power, the federal government's recommendation that state utilities buy more renewable power and a 2023 government plan to invest $452 million have all catalyzed investments in has the fourth highest amount of clean power installed in the world and government officials said $81 billion has been invested in the renewable energy sector in the last decade. Multiple large-scale renewable power projects have begun operations or are under construction, including one of the world's largest wind and solar power farms."We've seen domestic manufacturing capacity, at least when it comes to modules for solar panels, increasing," said Madhura Joshi, a senior energy analyst at the European think-tank renewables are underutilized Despite the rapid growth, challenges persist. While non-fossil fuel sources now comprise 45% of India's total installed capacity, their share in actual electricity generation stood at 24% last year. Coal remains the dominant source, accounting for 75% of electricity share of solar, wind, small hydro power and biomass in India's electricity generation mix stood at 12%, double what it was in 2014 but still lower than expectations by this time, according to a report by New Delhi-based think-tank, the Centre for Science and capacity is growing, but power generation from renewables needs to be optimized and integrated effectively into the grid, the report a clean energy crossroads A recent report by the nonprofit clean energy think-tank, RMI, found that electricity demand is expected to triple by 2050 - driven by more electric vehicles, air conditioners and industrial land for clean energy projects remains a challenge. India also needs to rapidly build robust electricity transmission infrastructure and energy storage facilities to continue increasing clean power capacity."India is expected to become the world's third-largest economy in a few years, and I think we will need to adopt renewable energy to do this. There is no option for us because fossil fuels can't keep pace" with energy needs, said Deepak Thakur, chief executive officer of Mumbai-based renewable energy company, Mahindra Susten.
&w=3840&q=100)
Business Standard
29 minutes ago
- Business Standard
All-party delegation arrives in UK to convey India's anti-terror stance
Ravi Shankar Prasad-led delegation is on a tour of six European countries as part of India's diplomatic outreach following the terrorist attack in Pahalgam Press Trust of India London An all-party delegation led by BJP MP Ravi Shankar Prasad arrived in London on Saturday to reiterate India's zero-tolerance stance on terrorism. The multi-party delegation, comprising MPs Daggubati Purandeswari, Priyanka Chaturvedi, Ghulam Ali Khatana, Amar Singh, Samik Bhattacharya, M Thambidurai and former Union minister of state MJ Akbar and Ambassador Pankaj Saran, is scheduled to meet with community groups, think tanks, parliamentarians and diaspora leaders. "The All Party Delegation of MPs led by Ravi Shankar Prasad arrived in London this evening and was received by High Commissioner Vikram Doraiswami," the Indian High Commission in the UK said in a post on X. During their three-day visit to the UK, the delegation will be engaging with House of Commons Speaker Lindsay Hoyle, UK Foreign Office Minister for Indo-Pacific Catherine West, parliamentarians, think tanks and Indian diaspora representatives, the High Commission said. The Prasad-led delegation is on a tour of six European countries as part of India's diplomatic outreach following the terrorist attack in Pahalgam that claimed 26 lives. The delegation arrived here after concluding its visits to France, Italy and Denmark over the past week. In Denmark's capital, Copenhagen, the delegation interacted with Danish parliamentarians, foreign affairs officials and Indian diaspora groups. "The delegation emphasised on India's zero-tolerance towards terrorism and stance that any act of violence would be responded to befittingly. India's appreciation of Denmark's public stance condemning the Pahalgam terrorist attack and the expression of solidarity with India was conveyed to the Danish side during the meetings," the Ministry of External Affairs (MEA) said in a statement earlier. From the UK, the delegation will head for discussions and meetings with a cross-section of parliamentarians, political leaders and diaspora groups in the European Union (EU) and Germany. The delegation is one of the seven multi-party delegations India has tasked to visit 33 global capitals to reach out to the international community to emphasise Pakistan's links to terrorism. Tensions between India and Pakistan escalated after the Pahalgam terror attack, with India carrying out precision strikes on terror infrastructure in Pakistan and Pakistan-occupied Kashmir in the early hours of May 7. Pakistan attempted to attack Indian military bases on May 8, 9, and 10. The Indian side responded strongly to the Pakistani actions. The on-ground hostilities ended with an understanding of stopping the military actions following talks between the directors general of military operations of both sides on May 10.
