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Hospitality sector may again face tough situation as infection numbers rise
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Synopsis
As the unlocking started, the hope of a faster bounce back grew. But now, the sector is grappling with the impact of another round of rising Covid cases.
Corporate demandlikely to remainsubdued as convenienceof virtual meetingsovershadows travel
When international travel came to a screeching halt last year, business at Luxury Escapes India, which otherwise saw a huge traction from users looking for a good deal on five-star hotel properties, also came to a standstill. There weren’t enough customer care executives to handle the slew of cancellation and reschedule requests.