"Union Budget 2026 signals a structural shift for the hospitality sector by recognising experiences, culture and live engagement as economic value creators. As India doubles down on the Orange Economy and destination-led growth, hotels, convention centres and event venues are no longer peripheral infrastructure; they are becoming core engines of tourism, employment and local entrepreneurship. The next phase of hospitality growth will be driven not just by room inventory, but by how efficiently physical spaces are activated for events, exhibitions, creator-led gatherings and cultural experiences. This budget sets the direction; execution on the ground will determine how effectively hospitality captures this opportunity." Vishal Puri, Co-Founder, Spalba Disclaimer: The views and opinions expressed in this article are personal and do not necessarily reflect the official policy or position of the publication or its editorial team
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