Hospitality Industry

Hospitality Industry News

Mumbai eateries see low footfall post-lockdown; staff, infrastructure constraints make road to recovery tougher
India

Mumbai eateries see low footfall post-lockdown; staff, infrastructure constraints make road to recovery tougher

Due to an acute crunch in staff, several restaurant owners have asked their employees to return to Mumbai to ensure resumption of operation at the earliest

Coronavirus Outlook: Hotel industry mulls pay cuts, reducing manpower to tide over lockdown woes
Business

Coronavirus Outlook: Hotel industry mulls pay cuts, reducing manpower to tide over lockdown woes

The hospitality industry has taken up various measures to overcome the impact due to lockdown to contain the spread of coronavirus which include pay cuts, use of short staff besides engaging in partial operation, officials said

Hotels, hospitality sectors severely hit by COVID-19; India may get increased share of manufacturing, logistics business: Report
Business

Hotels, hospitality sectors severely hit by COVID-19; India may get increased share of manufacturing, logistics business: Report

Industry estimates indicate that in India, branded and organised hotels annual revenue is Rs 38,000 crore, it added.

Coronavirus Outbreak: Oyo starts furloughing in US, select markets to reduce costs; India to be unaffected till lockdown
Business

Coronavirus Outbreak: Oyo starts furloughing in US, select markets to reduce costs; India to be unaffected till lockdown

Oyo can keep job cuts at bay through a combination of lowered work weeks, pay cuts, temporary leave of absence until business recovers and other such measures, he added.

Auto sales plunge: Sign of deepening economic slowdown or arrival of Kodak moment in industry
Business

Auto sales plunge: Sign of deepening economic slowdown or arrival of Kodak moment in industry

It is significant that auto sales in India have dropped 19 percent this year. But it cannot be a coincidence that a similar decline is evident in many other countries.

JW Marriott Chandigarh fined Rs 25,000 for over-charging bananas: Case will open Pandora’s box for the hospitality industry
Business

JW Marriott Chandigarh fined Rs 25,000 for over-charging bananas: Case will open Pandora’s box for the hospitality industry

The Excise and Taxation Department, Chandigarh concluded in its order that the banana supplied by the hotel is a supply of goods which is exempt from payment of tax

Oberoi's Gurgaon properties go fully solar; hospitality firm aims at reducing CO2 emissions by over 12,300 tonne per year
Business

Oberoi's Gurgaon properties go fully solar; hospitality firm aims at reducing CO2 emissions by over 12,300 tonne per year

There’s a captive solar power plant in Balasar, Haryana that will generate 7.5 MW of electricity to meet the energy demands of the two hotels.

Suresh Prabhu to unveil new rail catering policy today as complaints on food surge
Business

Suresh Prabhu to unveil new rail catering policy today as complaints on food surge

The new policy replacing the seven-year-old one gives back the IRCTC, a railways PSU, onboard catering responsibility for majority of trains including all the new ones.

Demonetisation: Cash crunch hits travel and tourism sector hard
Business

Demonetisation: Cash crunch hits travel and tourism sector hard

Demonetization has shed its gloomy shadow on the booming tourism and hospitality industry in India.

Why Royal Palms is selling its profit making hotels in Goregaon
Economy

Why Royal Palms is selling its profit making hotels in Goregaon

In a chat with Firstpost its Joint Managing Director, Dilawar Nensey, talks about scope for the hospitality industry, why the company is selling off their hotel properties and its plans for the future.