News Buzz

Hospitality industry feels the heat of lockdown

In the third phase of the lockdown, which is starting today, India’s hospitality services including hotels and restaurants remain prohibited throughout the country. This has made hotel and restaurant industry associations and chains in the business to state that they are dying a slow death in the absence of any relief measures and a stimulus package from the government.

National Restaurant Association of India (NRAI) president Anurag Katriar who is also the CEO of Degustibus Hospitality explains, “We employ 7.3 million people. If 30% people lose their jobs, that’s 2 million losing their jobs. I don’t think the nation can afford to do that. The government should pay up our employees. With each passing day and no respite coming from the government, our ability to reopen restaurants is getting diminished.”