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Karnataka hospitality industry stares at Rs 500 crore loss due to New Year celebration curbs

The hospitality industry in the state stares at a whopping loss of around to Rs 500 crore between December 31 and January 1 due to the Covid restrictions imposed by the government. Starting December 28, night curfew will be in place from 10 pm to 5 am for 10 days in the state. During this period, hotels, pubs and restaurants will be permitted to operate at 50 per cent capacity.

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