Experts believe more distressed hotel assets could be on the block this year after the insolvency and bankruptcy code kicked in, but very few deals are being completed.
Once a booking is created, the integration will allow OYO to send a confirmation message through WhatsApp. Customers will receive the message through OYO’s verified profile.
Eating out didn’t really become cheaper for customers everywhere as expected, as some restaurants increased prices on menus to offset the loss on input tax credit.
IHG said Bhalla will be responsible for spearheading strategic growth for the company and operational performance of 31 hotels in South West Asia, across four brands.
Since its implementation, the GST rates have caused confusion in the hotel industry with hotel associations opposing the 28% taxation on luxury hotels.
The GST Council had previously pegged GST rates for air-conditioned eateries and those with liquor licences at 18%, and non-air-conditioned restaurants at 12%.
This is the first time the tweet character cap has been raised since Twitter was founded 11 years ago.
The UK has updated its travel advisory for India citing the runway closure at Delhi airport, which may lead to flight delays and cancellations.
Sure, the 28% GST on luxury hotel rooms has hurt but the flattening of multiple taxes promises to cheer up the banqueting end of the business.
HVS India’s senior executives hold equity in the new entity along with the New York-headquartered firm’s CEO, Steve Rushmore Jr.
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