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Taxing Times
As usual the hospitality industry had really nothing to cheer about the Union Budget. Rather it came as a rude shock with the introduction of Service Tax on hotel rooms and air travel. more>>

Service Tax: A body-blow to the Tourism industry
Union Finance Minister’s decision to levy Service Tax on air travel and hotel & restaurant industry has taken the whole tourism industry unawares. Without mentioning a single word about ‘Tourism’ in the whole budget speech, Pranab Mukherjee, the Finance Minister has struck where it hurts the industry the worst – new taxes. Hospitality Biz reports more>>
'Pullman will focus on MICE business'
Accor will open its first upscale hotel brand Pullman in India (Gurgaon) in a couple of months. Scott Davies, General Manager, Pullman Gurgaon Central Park in a one-on-one with P Krishna Kumar explains the key differentiators of Pullman brand more>>
This Week's Top Headlines
Union Tourism Minister presents National Tourism Awards for 2009-10
  Subodh Kant Sahay, Union Minister for Tourism presented the National Tourism Awards for 2009-10 in New Delhi recently. more>>
MoT to increase annual output of skilled labour
  MoT is being geared up to increase the annual output of skilled manpower through 'Hunar Se Rozgar' programme from 6,000 to 10,000. more>>
Maha govt increases excise duty on liquor
  The Maharashtra government has increased excise duty on all liquor, with the exception of wine. more>>
Goa govt to set up three five-star hotels in Goa via PPP model
  Setting up of three five-star hotels in Goa near beaches via public private partnership model tops the agenda of the Goa government. more>>
EIH Ltd completes Rights Issue of its equity shares
  East India Hotels (EIH) Limited, a member of The Oberoi Group, has successfully completed its Rights Issue of 178,615,442 equity shares with a face value of Rs 2 each at a premium of Rs 64 per equity share more>>
Hyatt Place to debut in India by 2012
  American hotel operator Hyatt Hotels Corporation has announced their India project pipeline that will consist of more than 9,000 hotel rooms, which are currently under development. more>>
Lemon Tree Hotels to mark its presence in 54 cities in India by 2020
  With 14 hotels operational (having 2,000 rooms), six hotels under various stages of development, Lemon Tree Hotels aims to mark its presence across 54 cities with 8,000 rooms in India by 2020. more>>
KHIL to merge Kamat Restaurants, Lotus Resort Goa and Lotus Resort Murud
  Kamat Hotels (India) Ltd's (KHIL) board has approved, in principle, the amalgamation of Kamat Restaurants, Lotus Resort Murud (48 rooms) and Lotus Resort Goa (52 rooms) into KHIL. more>>
Capt CP Krishnan Nair felicitated with YB Chavan Memorial Awards for Excellence
  The second edition of The Maharashtra Economic Summit conferred Capt CP Krishnan Nair, Chairman, The Leela Palaces, Hotels and Resorts with the YB Chavan Memorial Awards for Excellence. more>>
Indian wine industry may touch Rs 2,700 crore mark: ASSOCHAM
  The size of the Indian wine industry may touch the Rs 2,700 crore-mark by the end of 2012 due to rising disposable income, increasing tourism and suitable tax more>>
McDonald's to spend Rs 550 crore to increase store count in India
  McDonald's plans to invest Rs 550 crore to increase its presence from 110 restaurants to about 250 outlets in the next three-four years. more>>
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