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Invest Karnataka 2016 a bonanza for hotels, cabbies

Hotels has been generally busy and full up due to many simultaneous event happening in Bengaluru.

Bengaluru: The global investors meet is not just attracting investors, but proving to be a bonanza for cab services and the hospitality industry.

A source from an app-based cab aggregator informed that there has been a surge in the number of bookings and they are expecting it would continue during the period of Invest Karnataka summit.

Regarding the impact of the meet on the hotel industry, Bhaskaran T., General Manager of Lalit Ashok said, “These are the kind of events that bring revenue to the hotels. Big conferences will help generate revenue not only to hotels but to all allied industries. The better the business for hotels, the more employment it generates for the city.”

“The hotel has been generally busy and full up due to many simultaneous event happening in Bengaluru. Apart from Global Investors meet, Lalit Ashok played host to International Water-loss Conference. It is heartening to have such high profile events coming to Namma Bengaluru. It not only lifts the profile of the city but also puts it firm on the global map. So from that perspective this is a great investment for the future of the city,” added Bhaskaran, who feels that this year would definitely be buoyant for the hotels in the city.

( Source : Deccan Chronicle. )
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