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The Hotel Association of India (HAI) has welcomed the decision of the Maharashtra government and its Department of Tourism (DoT) for launching the audit and inspection process of hotels which have applied for industry status benefits in the State. The DoT appointed Committee has started the inspection process from the city of Pune to start with from August 1.
Allowing hotels to avail benefits towards electricity tariffs, property tax, refinancing of existing debts, hassle-free loans at subsidized interest rates, taxations, simplified approval process for hotel projects and operations will be a forward step in furtherance of the government’s initiative of making tourism and hospitality a national priority, said HAI in a statement. The multiplier effect of the sector is huge and surpasses that of the other sectors like manufacturing, it said.
MP Bezbaruah, secretary-general, HAI said, “We are encouraged to see the efforts taken by the Maharashtra Government and Pune administration for this path-breaking initiative to help the hospitality sector with policies which will help in post pandemic revival and long-term growth. It is a capital-intensive sector and Industry Status will help accelerate the growth and development of the industry. Once implemented, it will not only strengthen the sector to unlock its true potential to make significant contributions to the State GDP and employment but also ‘usher transparency, reduce costs and encourage re-investment’ to support the post-pandemic economic revival of the region.”
The hotel association wants other Indian States and UTs to follow suit and support the hotels in the same manner as the sectors of agriculture and industry enabling a rapid growth and development of the hospitality sector across the country.
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