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Budget 2022: COVID-battered hospitality sector demands infra status for hotels

Budget 2022: COVID-battered hospitality sector demands infra status for hotels

Zee News
Monday, January 10, 2022 01:33:06 PM UTC

In its pre-Budget memorandum, the Hotel Association of India (HAI) said policy interventions are imperative for the sector's survival and its early and quick rebound to normalcy.

New Delhi: With the fresh wave of COVID-19 plunging the hospitality sector back into uncertainty, industry body HAI on Monday said it has asked the government to consider granting infrastructure status to hotels, extend moratorium on loans and rationalise taxes.

In its pre-Budget memorandum, the Hotel Association of India (HAI) said policy interventions are imperative for the sector's survival and its early and quick rebound to normalcy.

"The hospitality industry was slowly getting into a recovery mode on the strength of domestic tourism ? leisure and events, only to be plunged back into uncertainty on account of the Omicron threat. It is critical to protect the industry during such prolonged periods of flip-flop in business prospects," HAI said in a statement.

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