Mr. Rishi Puri, Vice President, Lords Hotels & Resorts – reaction on GST

“There will be interim chaos as expected during the transition but we are optimistic that things will revert to usual in a couple of months. Many of our hotel units have already implemented the required back-end changes and some are still in process. The scenario feels similar to the demonetization days when suddenly cash wasn’t available but then a couple months later everything fell in place. We will hope that this situation too will stabilize sooner than later and that GST works out for us and the nation,” says Mr. Rishi Puri, Vice President, Lords Hotels & Resorts

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