In a recent development, Puneet Chhatwal, the Managing Director and CEO of Indian Hotels Company Limited, has been appointed as the new Chairperson of the Federation of Associations in Indian Tourism & Hospitality (FAITH). This move comes as he succeeds Nakul Anand, the retired Executive Director at ITC Hotels.
Dual Leadership Roles for Chhatwal
Chhatwal, a prominent figure in the hospitality sector, will also continue in his capacity as the President of the Hotel Association of India (HAI), a position he was re-elected to in 2022. This dual role positions him strategically in guiding and representing the industry on both national and broader association levels.
With Nakul Anand’s retirement, he not only stepped down from his position at FAITH but also relinquished his membership in the executive committee of the Hotel Association of India (HAI). This signifies a notable shift in leadership within these influential industry bodies.
Ensuring Continuity and Objectives at FAITH
As the new Chairperson of FAITH, Puneet Chhatwal is poised to ensure the seamless continuation of the organization’s initiatives and objectives. FAITH, comprising various national tourism associations, plays a crucial role in representing the diverse facets of the tourism and hospitality industry in India. Members include associations related to tour operators, travel agents, hotels, transport operators, conventions & exhibition operators, as well as restaurants and tourism attractions.
This transition in leadership aligns with an optimistic outlook for India’s hospitality industry. A recent report indicates a robust quarter ahead, forecasting a substantial growth in Revenue Per Available Room (RevPAR) by 17-18%. This optimistic projection is attributed to the upward trend in average room rates.
Chhatwal’s Impact on FAITH’s Contribution
Puneet Chhatwal, known for his wealth of experience and deep understanding of the tourism and hospitality sector, is expected to play a pivotal role in steering FAITH towards further contributions to the growth and development of India’s tourism and hospitality landscape. His leadership is anticipated to bring continuity, expertise, and a strategic vision that will impact the industry positively.
Important Questions Related to Exams
1. Who has been appointed as the new Chairperson of the Federation of Associations in Indian Tourism & Hospitality (FAITH)?
a. Nakul Anand
b. Puneet Chhatwal
c. Vivek Sharma
d. Gautam Tiwari
2. Nakul Anand stepped down from which position upon his retirement?
a. FAITH Chairperson
b. CEO of Indian Hotels Company Limited
c. Executive Committee of HAI
d. President of HAI
Please provide your answers in the comments section