Hotel industry

Restaurants, hotels bills set to be cheaper; govt says consumer has discretion on paying service charge

Restaurants, hotels bills set to be cheaper; govt says consumer has discretion on paying service charge

Hotel Association of India has clarified to the Department of Consumer Affairs that service charge paid by consumers in hotels and restaurants is optional and it is the consumers discretion whether he would like to pay the charge or not.

Jan 02, 2017, 17:11 PM IST
Tourism will suffer at 18% GST on rooms, warns Hotel Industry

Tourism will suffer at 18% GST on rooms, warns Hotel Industry

The Hotel and Restaurant Association of Western India (HRAWI) Monday said the government's four-tier structure in Good and Services Tax (GST), in which the service sector will be taxed at 18 percent, will cause the tourism sector a major setback.

Nov 07, 2016, 21:38 PM IST
Save up to 20% in peak hotel rates by booking in advance

Save up to 20% in peak hotel rates by booking in advance

 Savvy travellers can save about 20 percent on hotels across the world if they book during periods between May and July, according to a new survey.

May 01, 2016, 17:12 PM IST

Indian hotel industry to touch $1.8 bn mark by 2016: ICRA

The domestic hotel industry is estimated to touch USD 1.8 billion by 2016, from USD 0.8 billion presently, buoyed by rise in online bookings, an ICRA report has said.

Sep 28, 2015, 18:54 PM IST

Hotel industry to see modest 6% growth in FY16: ICRA

The revenue growth for the industry is expected to remain weak in the first half of 2015 with a growth rate of just 3 to 4 per cent and operating margins are likely to be flat, it said.

Jun 30, 2015, 19:26 PM IST

ITC to invest Rs 8,000 crore in Telangana

"As a commitment from ITC we assure you that we will be investing Rs 8000 crore in the state of Telangana. We will expand our paper plant capacity and set up a new hotel in Hyderabad,"

Jun 12, 2015, 18:11 PM IST

Taj Group sees turnaround in two years

Taj Group, owned by Indian Hotels, which is weighed down by mounting losses and heavy debt Monday said it sees the group turning around and reporting profit within two years.

Apr 20, 2015, 23:11 PM IST

Hotel industry revenue may grow 9-11% in FY16: ICRA

Indian hotel industry revenue is expected to grow by 9-11 percent in 2015-16 -- after a subdued growth rate of 5-8 percent in the current fiscal, rating agency ICRA said in a report.

Feb 23, 2015, 19:44 PM IST

Hotel industry sees no signs of revival: India Ratings

Hotel industry continues to face a muted revenue growth, stagnated profitability and elevated credit risk in FY15, driven by lower demand growth and supply-side pressures, an India Ratings & Research (Ind-Ra) report said.

May 05, 2014, 19:00 PM IST

HHI plans Rs 350 crore investment for expansion

HHI Group plans to invest Rs 350 crore by 2015 on adding 500 rooms.

Oct 04, 2012, 12:19 PM IST

'Service tax hike to make hotel rooms more expensive'

The government's decision to increase service tax to 12 percent will make hotel tariffs more expensive, and will have an impact on overall occupancy and business for hotel companies, leading hoteliers said on Thursday.

Mar 22, 2012, 17:24 PM IST