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Distressed hotels pin hopes on travel revival SECTIONS Share Synopsis Mid-market hospitality player Lords Hotels & Resorts was bullish on its new management contract property in South Goa that had opened in October 2019. Just as the 110-room property was beginning to get a foothold on Varca Beach, the pandemic struck. (This story originally appeared in on Jun 28, 2021)NEW DELHI: Mid-market hospitality player Lords Hotels & Resorts was bullish on its new management contract property in South Goa that had opened in October 2019. Just as the 110-room property was beginning to get a foothold on Varca Beach, the pandemic struck. “The owner (of this property) could not reopen it after lockdown. The monthly electricity bill alone was in lakhs and he decided to shut shop permanently,” Lords’ senior VP (operations) Rishi Puri told TOI. ....
Vacationers head to the hills to de-stress as states start unlock process business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.