There was a decrease of 17.5% as compared to 337 deals announced during the week ended 12 April
Business
Report: Vijay Thacker of Crowe & Horwath HTL India shares insights on ‘Valuation Challenges,’ amidst Covid-19
Crowe Advisory Services (India) LLP brings into perspective the valuation challenges faced by businesses. Valuation aspects draw sharp focus at this time, particularly as corporate India goes about its annual reporting for year ending 31 March 2020 (FY20)
All International and domestic flight operations to remain suspended till 3rd May, 2020
The Directorate General of Civil Aviation (DGCA) has issued a new order for travel and visa restriction
Goa Tourism refutes reports on ‘no tourism activities’ in state till October
The speculative news started making rounds, post, Chief Minister of Goa, Pramod Sawant’s statement issued to a leading news channel
The Fern Hotels & Resorts supports the needy amid coronavirus crisis; announces no paycuts for employees
Rather than salary cuts or unpaid leave, The Fern Hotels & Resorts will work towards a salary deferment, whereby each hotel pays based on their available cash flow
Two institutions from Sommet Education rank World’s top three in Hospitality and Leisure Management in QS World University Ranking
The QS World University Rankings categorize the world’s top universities by subject
Social distancing likely to make air travel costlier
Post-lockdown, the airlines will be operating with only one-third occupancy, to ensure that appropriate social distancing is maintained between onboard passengers
Marriott offers free stay for US medical staff working on COVID-19 duty
Marriott has also allowed their customers, who are willing to donate their reward points to a variety of coronavirus relief efforts, including World Central Kitchen, Unicef, the American Red Cross and the International Federation of Red Cross and Red Crescent Societies
India’s biggest hoteliers share their insights on COVID-19 crisis and expectations from the government
COVID19 has rudely pulled the rug from under the feet of the hospitality industry, leaving it in a state of complete
disarray
