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Here’s why this is the worst time to be in the business of hospitality in India

India Food Forum - 2023 > FOOD SERVICE > Here’s why this is the worst time to be in the business of hospitality in India

Here’s why this is the worst time to be in the business of hospitality in India

May 26, 2017 | indiafood forum | FOOD SERVICE

So you love a wide spread of smoked salmon, lasagne and a glass of Champagne on your Sunday brunch menu? Now get ready to pay a bomb from July. If you don’t like the continental and want to indulge in chicken biryani and lamb rezala, you aren’t spared either. Government’s much awaited GST (Goods and Services Tax) has brought the axe down on the business of hospitality. Both for the restaurateurs and customers, the recently declared GST rate, which would be effective from July, has resulted in devastation. Moreover, the alcohol ban on the highways has taken a toll on many renowned hospitality destinations and has crippled them to the core…READ MORE