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Evolution of Hotel Industry in Kolkata from British Rule to the Present Era

Author : Ajoy Bhakat

Abstract :

Kolkata has a significant place in the history of the nation's hotel business. From the early days of the British Raj to its current status as the country's largest metropolis, Kolkata has had many ups and downs. The "city of joy" is now a preferred business location for international hotel groups. In the early years of British rule in India, the city was a pioneer in the establishment of hotels. It has the ability to create a standard for luxury hotels that may compete with those in Europe. The port city, formerly known as Calcutta, served as the nation's capital for a long time. Bengali society's rich tradition and contemporary outlook brought honor to the nation. Unfortunately, after a few years of independence, the city lost its former allure. Since then, the hotel industry in the city has been in a state of stagnation. The commerce and economic climate in the area have significantly improved during the last 10 to 12 years. The city is attempting to recapture its former splendor, and luxury hotel chain interests are growing in the area. The state's improved economic climate enticed global corporations and IT firms to locate in the city. In Kolkata, there is a massive surge in demand for MICE services. With the entry of international hotel chains, the hotel industry has experienced tremendous expansion and seeks to strengthen its position. There are a lot of initiatives in the works, which is again encouraging. Kolkata, which had fallen behind other cities in the country in the race, is now making up ground both nationally and internationally. In terms of the number of hotels compared to other major cities, Kolkata is still far behind. The hotel sector is already booming in satellite communities like New Town, which is close to Kolkata's main city.  The city is now being promoted as the next favorite location for the hotel industry because of its ancient tradition and culture combined with modern amenities. Covid 19 had wreaked havoc on the entire planet. Hotels in Kolkata were also severely impacted. The hotels and restaurants had to close due to lockdowns and travel restrictions. But the city's economy is slowly but surely improving. It will now be interesting to see how the city adjusts to the new normal.

Keywords :

Kolkata hotel, evolution of accommodation, future trend, covid-19