Hotel industry body makes a plea to PM Modi for relief from pandemic

The top association in the sector outlines a five-point relief package

The Hotel Association of India (HAI), the apex body for hotels, has appealed to Prime Minister Shri Narendra Modi for immediate intervention to provide relief to the hospitality industry which is on the verge of collapse, HAI said in a statement on Wednesday.

The lobby has sought intervention in five key areas. These include a one-time settlement of loans and extension of loan moratoriums till September 2021 and waiver of all statutory liabilities at Centre, State and municipal levels for the pandemic period.

The increasing loan burden at a time of almost non-existent income may serve only to increase the NPAs of