Two restaurant associations, NRAI and FHRAI are to come up with guidelines for the restaurant aggregator, Zomato, to follow and one of these is to reduce discounts even further for the discounts funded by restaurants are not acceptable.
Going international The Postcard Hotel has announced its expansion into Sri Lanka and Bhutan. The luxury hospitality brand has over Rs 1,000 crore of assets. Now it is aiming at owning or managing over $ 1 Billion of assets in 5 years.
The centres will be both residential and standalone, at hotels and resorts owned, managed and invested in by Minor group.
But hoteliers, travel portals expect no revival till communication blockade ends.
The group, which witnessed a drop in revenue and fell into the red in the quarter ended June, has approached investment bankers to initiate an exit, the sources said.
The luxury hotel market is pinning its hopes for an across-the-board revival in the last quarter of the calendar year after GST was slashed to 18% from 28%.
Speedx’s design highs also include creating seven bars in a building for a suiting fabric baron, each bar costing about Rs 9 lakh and one of them even sporting the body of a Lamborghini as bar top.
"ITC Hotels was one of the first to introduce glass water bottles in 2012."
Lemon Tree Hotels has paper straws and cups, cork coasters and pencils rather than plastic pens across guest area of the hotel.
If completed, the Leela-Brookfield deal will be the largest foreign investment in the hospitality sector and culminates more than a year of talks between the two parties.
The GST Council had on Friday slashed room rates for hotels with tariffs of Rs 7500 and above to 18% from 28% besides rejigging the tax slabs.
Eateries such as McDonald’s, Domino’s Pizza, Dunkin' Donuts hit; discounting by food delivery aggregators add to their woes.
More aware global audiences are discovering nuanced regional Indian food through the work of a handful of Indian chefs.
Industry observers said the slump in sales exists across formats such as value and standalone and premium dining formats and has continued since April or even earlier.
The GST Council on Friday approved the proposal to reduce tax rates on hotels, which had been a long standing demand of the industry.
The GST (goods and services tax) rate on hotel rooms with tariffs of up to Rs 7,500 per night has been cut to 12 per cent from the existing 18 per cen.
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