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LUXURY HOTEL TARIFFS
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 29%In the initial phase of recovery, because every stock was beaten down, we may see a rally with good market breadth. But, over time, stocks ...- 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...
- What is mystery guest assessment and why are Indian hotels investing in it?Luxury hotels in New Delhi are experiencing unprecedented surge pricing for the AI Impact Summit 2026, with tariffs skyrocketing to Rs 30 l...
- 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.
- Industry insiders expect better occupancies in coming quarter after GST tax cutThe GST Council had on Friday slashed room rates for hotels with tariffs of Rs 7500 and above to 18% from 28% besides rejigging the tax sla...
- No GST relief for 5-star luxury hotelsOn Tuesday, PM Narendra Modi had said that 99% of over 1,200 goods and services will attract 18%, or less, goods and services tax.
- 28% GST on luxury hotels likely to stayThe 28% tax on luxury hotels with tariffs of Rs. 7,500 and above makes India one of the most taxed countries in the world for hotels.
- Winter has luxury hotels in a sweatSince its implementation, the GST rates have caused confusion in the hotel industry with hotel associations opposing the 28% taxation on lu...
- Booking a hotel after GST rollout? Here's how much you will payAt present, hotels that charge tariffs in this range pay 21-22% tax. Hotel tariffs above Rs 7,500 would attract GST rate of 28%.
- Global hotel chains like Hilton, Hyatt upbeat on GST despite high tax cardChains such as Hilton said they are taking a comprehensive approach to prepare for the new tax reform, putting in place back-end systems fo...
- AAP govt to do away with luxury tax on hotel stay"The AAP government will thus table the Bill in the upcoming Assembly session," said a senior government official.
- Staying at budget hotels to become cheaper in DelhiAs per the Delhi Tax on Luxuries Act (1996), any person, who stays at a hotel room whose tariff is Rs 750 per day or above, has to pay luxu...
- Hotels in Delhi charging below Rs 1,500 per room night will not have to pay luxury taxHotels are levied luxury tax of 15% on hotel rooms. The change in the threshold limit will benefit hundreds of small hotels in the city.
- Delhi government to put room tariff of all hotels in public domain to check tax evasionTo check tax evasion, the Delhi government has decided to put room tariff of all hotels--from five-star to budget--in the public domain.
- Depreciating rupee to benefit Indian HotelsDepreciating rupee to benefit Indian Hotels since it makes its tariffs economical for foreign tourists, which form 60% of its total demand.
- Tariffs may rise marginally from Sept :Taj HotelsIt expects room tariffs to go up marginally from September as occupancy level increases in the hospitality industry after suffering slump i...
- Govt mulls 4% uniform luxury tax, abolition of service taxProposals include abolition of 12.5% service tax on tour packages and convincing states to have 4% uniform luxury tax across India.
- Revenues boost: Taj, Leela and OberoiFrom last week of December 2007 to the 1st week of January 2008, tariffs at these hotels went up to Rs 3.5 lakh per night. Oberoi Hotels | ...
- Delhi restricts 20% food tax to five-starsEven before the Delhi government takes a call on whether to go-ahead with imposition of VAT from April 1, a rollback of sorts is already on.
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