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The most important part of small hotels is the regular cash flow, especially during the season, which ensures that in the low and offpeak months the operations run smoothly, including paying the staff that mostly comprise of people from the local communities
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Finance Ministry to announce stimulus packages soon for Coronavirus-hit sectors
It is estimated that the next stimulus package would be bigger than the INR 1,70,000 crore worth of schemes announced for the vulnerable section of the society
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Indian hotel occupancy drops to 11 per cent in month of March, states STR
STR added that KPIs across the board have registered slump
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RBI asks banks to offer moratorium to all, unless the borrowers choose to opt
Several banks are providing the option to defer the payment of loan interest and principal only to borrowers, who were particularly asking for it
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Hotel Association of India writes to PM Modi; requests a 5-point revival plan for the industry, devastated by COVID-19
With no air or road traffic, empty hotels, and all restaurants and recreational facilities shut, “the likelihood of the revival in the short term is uncertain,” states the letter to the prime minister
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Coronavirus crisis: Hilton and American Express to offer 1 million rooms free of cost to US medical professionals
Rooms will be available across a variety of Hilton brands, including Hampton by Hilton, Hilton Garden Inn, DoubleTree by Hilton and others
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IHCL lighted diyas of hope across all its hotels to express solidarity towards frontline workers battling Coronavirus
IHCL hotels across the nation led the way by lighting up diyas in the hotels to show their solidarity and continuous support for frontline workers, its guests, employees and community
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Coronavirus crisis: THE Park Hotels offers nationwide support to the needy and healthcare workers
The city hotels have undertaken a number of initiatives to support the needy
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THE Park Hotels extends its support to the community amid Coronavirus crisis
In case of any emergencies or any pharmaceutical needs, the locals can directly contact these hotels. The concierge of the hotel will help them get those.