FHRAI members have filed claims before the IRP of around Rs.93 crores and the Association expects more hotels to submit their claims before the next hearing on June 21, 2021.
Pradeep Shetty
Posted inUncategorized
FHRAI urges Centre for immediate fiscal measures to rescue the distressed industry
The FHRAI has pointed out that businesses are steadily closing and NPAs are rising. The Indian Hotel industry’s total revenue in FY 2019-20 stood at Rs.1.82 lakh Cr.
Posted inF&B
Hotels & Restaurants to hold silent protests on 8th April against Govt’s Break the Chain Order
Hospitality Associations across the State including the FHRAI, HRAWI, NRAI, AHAR and other local Associations have formed United Hospitality Forum of Maharashtra (UHF) and have initiated campaign #MissionRoziRoti to highlight their desperate bid for survival
Posted inBusiness
HRAWI demand waiver of all statutory fees and taxes; also urges Govt for remuneration of employees & owners
The new ‘Break The Chain’ guidelines introduced by the State Government will force almost 90 per cent of restaurants to shut down completely.
Posted inF&B
Hotel & Restaurant bodies term Maha govt’s decision on extension of night curfew as unfavourable for its survival and revival
The state government’s new directive has allowed shopping malls, bars, restaurants and other eateries to open only for take-aways and parcels.
Posted inBusiness
FHRAI cites Supreme Court’s order on waiver of compound interest on loans as a positive sign for the industry
FHRAI plans to continue engaging with the Government for sector-specific relief
Posted inBusiness
About 60%-70% of Mumbai’s restaurants have re-opened, which are operating at 50% capacity: Pradeep Shetty, Senior VP, HRAWI
The constantly changing timing restrictions for Maharashtra’s hospitality sector is spawning uncertainty amongst restaurateurs and F&B outlets.