Elec­tions might im­pact mar­ket

Micetalk - - LET’S TALK -

Mon­isha De­wan Gen­eral Man­ager, Dou­bleTree by Hil­ton Gur­gaon

In­dian MICE mar­ket continues to show great growth po­ten­tial in the do­mes­tic and the in­ter­na­tional mar­ket. This trend will con­tinue in the next cou­ple of years. This seg­ment is very im­por­tant for most ho­tels that are se­ri­ously fo­cussing on their MICE fa­cil­i­ties. In 2014, it will be im­por­tant to see the po­lit­i­cal cli­mate with the up­com­ing gen­eral elec­tions in April. This could have a tem­po­rary im­pact on the in­ter­na­tional MICE busi­ness. Con­sid­er­ing the In­dian busi­ness re­silience, we hope that do­mes­tic MICE busi­ness will re­main un­in­ter­rupted. How­ever, the larger im­pact will be from the coun­try’s volatile eco­nomic sce­nario which is in­flu­enced by the global mar­ket and our po­lit­i­cal sit­u­a­tion.

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