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SHERVANI HOSPITALITIES LTD
Liquor ban impact: Rs 2,00,000 crore loss to exchequer, closure of more than 1 lakh establishmentsThe liquor ban on highways has affected at least 1,000 star hotels in Maharashtra including the VIP Lounge at the domestic airport.- Budget 2014: Easy taxation needed to boost hospitality industry: FHRAIIn India, projects over Rs 200 crore get infrastructure status entitling them to incentives like eight to 12 per cent interest rate.
- Ahead of the Budget, FHRAI asks Narendra Modi government to rationalise taxes in hospitality sectorAhead of the Budget, hospitality sector body FHRAI has asked the government to rationalise tax structure and provide incentives.
- Hoteliers hope next government to drive turnaround in sectorHospitality sector, which has been struggling with low room rates for past 5 yrs, is expecting next government to usher in friendly policie...
- Hoteliers hope next govt to drive turnaround in sectorHoteliers in India are expecting the government that takes charge after the Lok Sabha elections to usher in friendly policies.
- DDA to raise floor area ratio for hotels by up to 66%The DDA has decided to increase the cap on total floor area for hotels by up to 66 per cent.
- Budget hotels should also be give infra benefits: FHRAIThe hotel industry today demanded that the government should provide the budget hotels below Rs 100 crore as infrastructure status.
- Dull season for hotels as weak rupee fails to boost tourist check-insDemand is barely keeping pace with the supply, except in a few markets such as Chennai and Hyderabad, and average room rates continue to be...
- An average year; not much to cheer for hospitality industry in 2013The Indian hospitality industry witnessed an 'average' year in 2013 as slowdown in Europe and other nations hurt tourist arrivals, while ta...
- Competing standalone eateries force five-stars to go online to offer discountsInterestingly while hotels are becoming more affordable with discount offers, specialty independent restaurants charge up to Rs 10,000 for ...
- FHRAI elects S M Shervani as new presidentThe Federation of Hotel & Restaurant Associations of India (FHRAI) today said S M Shervani has been elected as President for 2013-14.
- Life & trade in winters: Retailers see rise in footfalls while travel trade has been hit by flight, train delaysFreezing temperatures in North have boosted business for winter wear and heating appliances, attracted the youth to the cozy comfort of mal...
- High rentals eat into restaurants marginsRentals for restaurants have gone up 40-45% over the last 1-1/2 year, and for a number of standalone restaurants, it is getting unsustainab...
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