Drop in in­ter­est rates

TravTalk - India - - AWARD TALK -

Novem­ber to Fe­bru­ary is al­ways a strong sea­son and as of now there has been no ad­verse im­pact on rooms busi­ness be­cause book­ings were done in ad­vance, re­veals Dolly Tal­dar, Re­sort Man­ager, Ra­mada Udaipur Re­sort and Spa. “We ac­cept pay­ments only by credit card or through bank­ing chan­nels. Only a few smaller pay­ments are ac­cepted in cash. The pickup for fu­ture book­ings for rooms has slowed down a bit but we are sure that from De­cem­ber onward, peo­ple will start trav­el­ling in good num­bers.” She ex­pects de­mon­eti­sa­tion to be a game changer as peo­ple will now move to­wards dig­i­tal pay­ments. “Also, with banks be­ing flooded with de­posits we are ex­pect­ing a drop in in­ter­est rates which will boost our prof­itabil­ity,” says Tal­dar.

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