As the lockdown has been extended and no concrete relief measures have been given to the industry, what does your calculation say as far as damage is concerned?
It is extremely unfortunate that the governments at the Centre as well as in the State have not given the industry any indication of support. We have been submitting various recommendations over a period of time to the government for a stimulus package and are hanging by a thin thread hoping for some relief which has not yet even been hinted. However, if nothing comes through, the industry is doomed. I’m sure the government knows this; therefore, the industry is very confused at the inaction. This is the second month since all hotels and restaurants have been shut. There is no revenue but there are outgoings and this has already drained us out. In the next few months, at least 30 per cent of the total establishments may shut down. The industry is staring at Rs 1.6 trillion in losses in the first half of 2020. The hospitality and tourism industry contributes nearly 10 per cent to the Indian GDP of which restaurants contribute almost 2.5 per cent. If the situation does not change and in the absence or further delay of timely impetus and stimulus for the better, the hospitality industry will completely collapse.
What changes would this industry see post lockdown?
هذه القصة مأخوذة من طبعة June - July 2020 من Hospitality Talk.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة June - July 2020 من Hospitality Talk.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Technology vital post COVID
The recent DDP Digital Conclave titled ‘The Post Pandemic Reset’ focused on hospitality and how technology would play a major role in a reset for the post-COVID world.
Local experiences
There will be more challenges along the way. However, COVID-19 has shaped the industry for a better, sustainable and enriching future, says Patrick Taffin, Assistant Dean, SHMS Leysin.
IHE GOES PHYSICAL
India’s one of the largest B2B hospitality expos, the four-day IHE 2021, opens on September 24 at IEML, Greater Noida and will be a 100 per cent ‘physical show’.
FHRAI-IHM GETS NCHMCT AFFILIATION
NCHMCT affiliation FHRAI-IHM has become the first private institute managed by FHRAI to be affiliated with the National Council of Hotel Management & Catering Technology (NCHMCT), Noida.
On the road to recovery
The food delivery market is dominated by Swiggy and Zomato, sharing 85 percent of the total market between them, says the India Food Service Delivery Report 2021.
Focus on feedback
Domestic tourism has emerged as a sustainable segment to watch out for especially in post-pandemic business recovery scenarios, says Pankaj Gupta, General Manager, Holiday Inn Jaipur City Centre.
HOMESTAY IN THE HIMALAYAS
Invoking the grandeur and nobility of the Raj era, Jungle House – a boutique homestay in Shimla, Himachal Pradesh – opens its doors for guests.
Cautiously optimistic
Pinning Raffles Udaipur on Accor’s global map, Kerrie Hannaford, VP – Commercial, Accor India & South Asia talks about raising the bar with immersive hospitality and emotional luxury.
ACQUISITION MODE
Click Hotels by Suba has acquired 35 hotels across 22 new destinations in India. By 2023, the hospitality conglomerate targets to cross 3,000+ rooms.
A complete solution
Built on the airspace of a conventional railway station, The Leela Gandhinagar reflects the vision of modern India, says Jaideep Anand, Vice President and General Manager, The Leela Gandhinagar.
