FAITH has suggested to initiate the process of undertaking a review and rationalisation of GST applicable across different aspects of the Indian tourism, travel & hospitality industry
Business
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India’s hospitality industry sees a decline of 38.7% in RevPAR during Q1 2021: JLL report
Additionally, RevPAR in the top six cities has decreased by 48% in Q1 2021 as compared to Q1 2020.
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Accor offers up to 30% discount on stays to Accor Live Limitless members
Accor Plus members enjoy 50% discount until May 22, 2021.
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Slovenia could be the next trending destination in Europe, says GlobalData
According to GlobalData, international arrivals to Slovenia in 2019 reached 4.7 million. This total meant that the small Central European country was not even in the top 25 most visited countries in Europe
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‘RBI’s latest policy measures fails to address the problems of the Hospitality industry,’ says FHRAI
FHRAI has submitted a representation to the RBI Governor – Shaktikanta Das requesting to provision a special window for restructuring the tourism and hospitality sector without any cap on loan exposure.
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Chalet Hotels reports a sequential RevPAR growth of 22% in Q4FY21
Chalet’s Total Income for Q4FY21 grew by 11% to Rs. 1,021 mn sequentially as compared to Q3FY21
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Oyo introduces COVID-19 bereavement support for families of OYOpreneurs
The company is further extending support to OYO alumni and providing them with access to a slew of COVID-related resources.
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Point-to-point airlines will lead industry recovery, says GlobalData
Many travelers will be looking to cut costs, and LCCs will likely benefit from this. Cost-cutting measures including streamlining operations and salary reductions will allow LCCs to push ticket prices to new lows to win over budget-conscious travelers
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Accor gears up for the opening of Raffles resort on the Palm Dubai in Q4 2021
Set to open in the last quarter of 2021, Raffles the Palm Dubai will be the first ultra-luxury addition to Accor’s existing diverse portfolio in Dubai
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Crowne Plaza Greater Noida partners with Wizard Health and Wellness to launch a week-long virtual fitness program
The daily one-hour stress buster session is aimed at bringing internally certified workouts by Les Mills to home-bound people, with safety being the priority and fitter community the intention