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70% small hotels on brink of closure, says industry body

New Delhi: Hotel Association of India (HAI) on Thursday said its preliminary data suggests a deep impact of the pandemic on the hospitality sector. The association said more than 40% of hotels have shut and about 70%, mostly small ones, will face closure as pandemic-led restrictions continue to disrupt business.

“The total damage has not been assessed yet but our preliminary understanding is that more than 40% of hotels have shut and about 70%, mostly small ones will face closure. Smaller hotels are facing grave problems. If this prolongs for a longer duration without remedial action, the sector will have irreversible dent on its business,” said MP Bezbaruah, secretary general, HAI.

The industry body has recently appealed to Prime Minister Narendra Modi for immediate intervention to provide relief to the hospitality industry which is on the verge of collapse. It highlighted five key areas that require immediate attention. It sought one-time settlement of…

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