COVID-19 hits hotel industry: Revenue per room drops 13-29% in Jan-Mar; Bengaluru worst-hit, says report
In revenue per room, the maximum fall was seen in Bengaluru at 28.5 percent, followed by Delhi 20.3 percent, Mumbai 20 percent, Kolkata 19.8 percent
Mahindra Holidays to first reopen resorts near metro cities post-lockdown; will ensure guest experience is contactless, says CEO
The Mahindra Group firm has currently suspended operations at its resorts in compliance with the government directives.
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
Coronavirus Outbreak: Hotel industry revenue likely to fall by Rs 90,000 cr in 2020 due to pandemic, says report
India's hotel industry is estimated to face a whopping business loss of Rs 90,000 crore during this calendar year, as all hotels are closed due to nationwide lockdown to control coronavirus disease, according to a report by HVS and Anarock
GST Council meets tomorrow to decide on tax moderation; industries seek relief amid economic slowdown
Amid the clamour for a rate cut by various industries, the all-powerful GST Council will hold a crucial meeting on Friday to decide on tax moderation, keeping in mind the revenue position and the need to boost sagging economic growth
Ahead of GST Council meet, fitment panel rejects tax rate cut for auto, biscuits; favours relief for hotel industry
Ahead of the crucial GST Council meeting on Friday, a committee of officials has rejected demands for a cut in tax rate on items ranging from biscuits to car owing to tight revenue position as any reduction will dent Centre and State collections
Maharashtra's women commission will ink an agreement with the UNDP for rehabilitation victims of sex trafficking, acid attack and domestic violence
The Supreme Court has ordered closure of the liquor vends within 500 metres along the national and state highways from 1 April. The SC, in its order on Friday, made it clear the ruling would also cover bars, pubs and restaurants as drink-driving leads to fatal road accidents
Yogi Adityanath’s government should have thought through well concerning various consequences of the slaughter ban before implementing the decision
The Hotel and Restaurant Association of Western India (HRAWI) today said the government's four-tier structure in Good and Services Tax (GST), in which the service sector will be taxed at 18 per cent, will cause the tourism sector a major setback.
Luxury hotel chain, 'Leela Palaces, Hotels and Resorts', on Monday, said that it has decided to discontinue its 25-year-old branding alliance with the German hotel group Kempinski.<br /><br />
The hospitality industry is tipped to hire about 2.84 lakh additional employees as it expands by another 188,500 rooms by 2021.