Travel Trade Journal

Kush Kapoor

CEO, Roseate Hotels and Resorts


The hospitalit­y industry has been severely battered by three consecutiv­e Covid-19 induced waves over the last two years. The extension of the ECLGS moratorium by one year for the hospitalit­y sector will come as a breather for the hotel players grappling with the burden of loan repayment and uncertaint­ies in revenue generation. The move will bolster the much-needed liquidity to the sector which employs a large number of people.

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