A fourth of rooms at risk if Budget doesn't help sector: Hotel bodies

Urge infra status for hotels worth over Rs 25 crore, lower GST and income tax rates

Close to a fourth of the total room inventory in India’s hospitality sector will face survival issues if the industry, one of the worst hit by the pandemic, is not lent a helping hand in the upcoming budget, said KB. Kachru, VP, Hotel Association of India & Chairman Emeritus & Principal Advisor, South Asia, Radisson Hotel Group. India has a little over 140,000 rooms in the branded segment.

As per association’s estimates, four of every ten hotels in the country are on the brink of closure. Even as the sector limps back to normalcy, it will take two to three