Uttar Pradesh Government Investment in Hospitality Sector

• 17 Apr 2024

Why in News?

According to the officials, The Uttar Pradesh government might invest Rs 32,000 crore in the hospitality and tourism sector.

• The state’s annual tourist footfall is estimated to reach 850 million by 2028.

Key Points

• The investment would likely create an additional 80,000 accommodation units by way of hotels, and resorts to bridge the deficit in room availability.
• The state is focusing on ramping up hospitality units in tourism hotspots such as Varanasi, Ayodhya, Prayagraj, and Agra.
• The heritage properties, including forts and palaces, are being offered to the private sector for development.
• Under the Tourism Policy 2022 the state is also providing subsidies for setting up unique countryside farm stays.
  • Homeowners are encouraged to enlist their properties for homestays, while the owners of heritage properties are being invited to convert their precincts as heritage hotels for discerning tourists.
• The state is aiming to develop multi-experience circuits such as wellness centres, and improving the connectivity of Buddhist destinations, such as Sarnath and Kaushambi.
• It is also focusing on diversifying tourism experiences and creating contemporary tourism products by developing adventure tourism, MICE (meetings, incentives, conferences, and exhibitions), wellness, and ecotourism.