budget expectations
Posted inOperations
FHRAI attends pre-budget consultation for the trade and services sector chaired by hon’ble FM
Requests for infrastructure status, continuation of EPCGS and enhancement of loan repayment period under ECLGS
Posted inBudget Wishlist
Hopping back on the road to recovery
Rationalising the tax structure will help reduce complexities and enable the travel and hostel industry to accelerate business further
Posted inOperations
Move over, RevPAR and TRevPAR, it’s time for ProPAR
Hotels need to bring in change in not just the way they benchmark but also how different cost and revenue streams are accounted for
Posted inBusiness
Changing the industry’s status quo
Vikram Cotah, COO, GRT Hotels & Resorts hopes the hospitality sector gets an industry status in this Budget, so it can avail benefits including rebates in electricity charges as well as water and property taxes
Posted inBusiness
FAITH looks forward to a path breaking budget for tourism industry
FAITH has proposed the creation of a National Tourism Council of Chief Ministers headed by the PM along with Tourism Minister. As per FAITH’s recommendation, the council should be supported by a common industry status across the country for the complete tourism industry by putting it in the concurrent list.