Tag Archives: Budget Day

As Budget Day  approaches nearby, we are seeking interest in pre-budget prediction stories concerning the hospitality and tourism sector, Please find below the quote from Mr. Ahsan Shervani, Vice President, Star Hotels Ltd (Shervani Hotels) . A kind request to please check if it can be incorporated in stories you may plan. “Its no secret that Industry leaders are advocating for changes like granting infrastructure status to the hotel sector and lowering the GST rate on rooms priced above ₹7,500 from 18% to 12%​.  The hospitality industry has largely recovered from the pandemic, with current tariffs and occupancies reaching or surpassing pre-COVID levels due to strong demand from both leisure and business travelers​. These measures are expected to bolster the industry, drive investment, and ultimately enhance the travel and tourism experience in India.”

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