The Hotel Association of India (HAI), has appealed the Prime Minister for immediate response to provide relief to the hospitality industry which is on the edge of collapse due to pandemic impact.
In a statement, HAI said it has sought intervention in five key areas. These include a one-time settlement of loans and extension of loan moratoriums till September 2021 and waiver of all statutory liabilities at Centre, State and municipal levels for the pandemic period.
Further, it has also appealed for a stimulus package that subsidizes the salaries of hotel employee’s 50 percent from April 2021 to March 2022. As even with zero revenue and resources, many of the hospitality establishments continue to pay the staff humanitarian on grounds which is now unbearable for the industry.