• FHRAI and IAAPI sign MOU for joint industry development.
• Sharing publications, faculty exchanges, and concessional rates outlined.
• Emphasis on collective growth and benefits through collaboration.

[City, Date] – The Federation of Hotel & Restaurant Association of India (FHRAI) and the Indian Association of Amusement Parks and Industries (IAAPI) have officially entered into a Memorandum of Understanding (MOU) to strengthen collaboration and promote sustainable development within their respective industries.

The MOU, signed by Mr. Pradeep Shetty, President of FHRAI, and Mr. Shrikant Goenka, Chairman of IAAPI, signifies a mutual commitment to explore collaborative opportunities and synergies between the two associations. The primary objective is to facilitate meaningful interactions and business engagements among their members, emphasising collective growth and mutual benefits through cross-industry collaborations.

Key areas of cooperation outlined in the MOU include the sharing of association publications such as in-house magazines, newsletters, and periodicals, as well as the dissemination of important news, information, and event details to respective members through various channels including email, websites, publications, and digital media platforms like WhatsApp.

“This Memorandum of Understanding marks a significant milestone in fostering collaboration and synergy within the hospitality and amusement park industries. By working together, we can unlock new opportunities for growth and innovation, ultimately benefiting our members and the industry at large.”

Pradeep Shetty, President of FHRAI

Additionally, the MOU entails the exchange of faculty for conferences and webinars, reciprocal booth arrangements at major events and exhibitions organised by each association, and concessional rates for association members to participate in events and conferences.

The MOU will take effect immediately upon signing and can be reviewed and amended based on the evolving needs and priorities of both associations. It is important to note that the MOU is based on mutual understanding and will have no legal or financial implications on either organisation, its members, office bearers, or secretariat.

About FHRAI 

The Federation of Hotel & Restaurant Associations of India (FHRAI) is the apex body and the voice of the Indian Hospitality Industry, representing 60,000 Hotels and 5,00,000 Restaurants spanning the length & breadth of our vast country. Since its inception in 1955, FHRAI has been working closely with government & policy making bodies, playing a seminal role in growth of tourism and hospitality sector of India. FHRAI acts as an intermediary between the hospitality industry and the government, political leadership, industry bodies, consumer groups, academia, international associations, and other stakeholders. 

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