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HOTEL ROOM TARIFFS
ET Alpha Wealth Summit Masterclass | Radhika Gupta reveals India's next 4 wealth creation themes & why SIFs are the investment product of the decadeRadhika Gupta, Edelweiss Mutual Fund CEO, champions Specialised Investment Funds (SIFs) as a new product category offering lower market dep...
Greenland's independence champion despised Denmark. Trump changed his mindAs Greenland grapples with its quest for independence, a wave of rethinking has emerged. The persistent calls from US President Donald Trum...
For both the compulsive trader and careful investor: 25 stocks to watch if risk appetite returns; some with upside potential, some notIf the price of crude oil softens, Indian equities may again see a risk-on phase. Tariff concerns are no longer the central issue; the larg...
Hotel giants race to own India’s hottest 'vibe' economyIndia's hospitality sector is witnessing a major shift as global hotel giants like Marriott, Accor, and Hyatt prioritize vibrant lobbies an...
Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
EY, FICCI urge govt to reduce GST rate to 9% on hotel rooms priced above Rs 7,500 per nightA joint report by EY and FICCI suggests lowering the GST on luxury hotel rooms to 9%. This move aims to make India a more competitive touri...
T20 WC final: Hotel tariffs soar up to 400% in AhmedabadHotel room prices in Ahmedabad have surged dramatically for the India-New Zealand T20 World Cup final. Rates have increased by 300 to 400 p...
Court grants hotel interim stay on GST for eatery servicesThe Bombay High Court has granted an interim stay on the 18% GST levied on restaurant services within hotels charging over ₹7,500 per day f...
Go, Goa, Gone! Realty, hotel rates in 'healthy' free fallGoa's real estate and hotel sectors see a price correction after the post-pandemic boom. Rates have fallen by 15-20% this year. Experts vie...
FHRAI urges govt to delink food and beverage GST rates from room tariffsThe Federation of Hotel & Restaurant Associations of India (FHRAI) urges the government to separate GST on F&B services from hotel accommod...
Deluge in Bengaluru spur demand for hotel rooms; tariffs surgeAt Leela Palace Bengaluru, a staff said the pricing has always been dynamic based on occupancy and demand. At present the existing rate for...
Booked hotel room? Expect 10% GST refund if room rate exceeds Rs 7,500The new rate will also be applicable to those who have already paid for bookings after October 1.
Hotel stocks in limelight; zoom up to 20 per cent on GST rate cutThere will be no GST on rooms with tariffs below Rs 1,000 per night.
Hotel stocks rally up to 13% on GST rate cutThere will be no GST on room tariffs of below Rs 1,000 per night.
GST Council hikes tax on caffeinated beverages, cuts rates on hotel tariffsSmall taxpayers get relief from filing returns for 2 yrs; no rate change for larger autos, biscuits.
Hotels across the board plan hike in room tariffsChains such as ITC, Accor Hotels and Sarovar said rates could go up between 8 and 10% this year.
GST Council accepts ‘transaction value’ to tax hotel tariffUnder the previous regime one had to pay GST at the rate of 28% if the declared tariff of the room was more than Rs 7,500 even if he had pa...
- Hotel industry on recovery path, room tariff goes up: Report
The hotel tariff went up by 12% in the first 6 months of this yr in the country amid rise in demand for hotel rooms from domestic traveller...
- Budget 2012: Service tax hike to make hotel rooms more expensive
The govt's decision to increase service tax to 12% will make hotel tariffs more expensive, and will have an impact on overall occupancy and...
- Hotel room tariffs to go up by 15% next month
Hoteliers are planning to increase room tariffs 10-15 % from September as they expect occupancies to improve with the onset of the key wint...