Mr. Sarbendra Sarkar review on providing GST relief to hotels and outdoor catering services

India’s Union Finance Minister Nirmala Sitharaman who chaired the meeting of about charging higher GST on caffeinated beverages which is raised to 28% but permits alleviation to the hotels and outdoor catering services.

Hearing of this news, industry professionals Mr. Sarbendra Sarkar Managing Director & Founder, Cygnett Hotels & Resorts shared his thoughts-

“This is a welcome step; any move that helps travelers gain more out of their dispensable budget, luring them to travel more. Moreover, this would also help the industry receive the traction that was not evident since the past few months. This will certainly boost the average occupancy of hotels, helping them rationalize the annual numbers. Additionally, it will also help us propel our value proposition at a competitive price point that we are operating in”