Business Standard

Kashmir hotels feel unrest chill

Only 10,059 tourists have visited the state this month compared to around 90,000 in July

- SWARAJ BAGGONKAR & AJAY MODI

The recent unrest in Kashmir, where over 60 people have died, and the resultant curfew, now in the seventh week, have resulted in huge losses for the tourism industry in the Valley. Luxury and mid-segment hotels in Kashmir that regularly saw advance bookings are now running empty.

Properties such as the Vivanta by Taj, Dal View, and The Lalit Grand Palace, Srinagar, have seen occupancy plummet to under 8 per cent, significan­tly lower than the approximat­e 80 per cent reported last month. “Till July the occupancy rate at the Taj was 88 per cent. That is now down to 0.5 per cent in August”, said Cyrus Mistry, chairman, Indian Hotels Company, while addressing shareholde­rs at the company’s 115th annual general meeting.

Perched on the Kralsangri hill, the Vivanta offers a panoramic view of the Dal Lake, surrounded by the Zabarwan mountains. The hotel, which has 81 rooms and three suites, is presently running almost empty. Similarly, Kashmir's other branded luxury property, The Lalit Grand Palace, Srinagar, presently has an occupancy rate of 7 per cent as compared to 60-70 per cent in July.

With scheduled leisure trips getting cancelled or postponed hoteliers are being forced to sell rooms at half the usual rate. Rooms that cost ~12,000 a night in an upscale four-star hotel earlier are now available for around ~6,000 a night.

While house boats on the Dal Lake wear a deserted look, sources say most popular luxury hotels, which were booked till September, are witnessing mass cancellati­ons following the spate of violence.

Godfrey Pereira, head (holiday products) at Via.com, said, “In Jammu and Kashmir, the tourism season goes on till August. But since last month, we have seen disturbanc­es. Compared to a monthly average of 50 packages for the state in the May-June period, we have not seen any bookings this month. Bookings made earlier have all been cancelled.”

 ?? PHOTO: PTI ?? Houseboats on the Dal Lake wear a deserted look in the wake of the recent unrest in Kashmir
PHOTO: PTI Houseboats on the Dal Lake wear a deserted look in the wake of the recent unrest in Kashmir

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