Cash-strapped and bruised by the prolonged lockdown, hotels in India are offering guests an option to pay now and stay later. The move, top hoteliers said will be a win-win for both.
India's hotel industry may lose Rs 90,000 crore this calendar year, owing to the nationwide lockdown pressed to curb the spread of Covid-19, according to a recent report by HVS and Anarock. "Occupancies across hotels in key cities witnessed a sharp decline, as travel restrictions intensified and India went into lockdown towards the end of March," the report said. The new scheme allows ...
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First Published: Sun, May 03 2020. 20:15 IST
