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Mysuru, May 30, 2017:  The hospitality sector in Mysore region has urged the Centre to reduce the Goods and Services Tax (GST) rates announced for hotels and restaurants on the grounds that it will cripple the tourism sector. The economy of Mysuru to a large extent hinges on its tourism industry. The proposed GST rate is higher than what was bargained for, said Mr Narayana Gowda, President, Mysore Hotel Owners' Association. The GST on restaurants varies from 5 per cent to 18 per cent depending on the turnover. However, hardly any hotels or restaurants come under the 5 per cent slab rate which is restricted to units with an annual turnover of Rs 50 lakh, Mr Gowda said. 'Most restaurants have an annual turnover that is higher than Rs 250 lakh per annum and hence fall under 12 per cent slab, the burden of which will fall on customers,' he added. But if the restaurant is air-conditioned, then the tax is 18 per cent and will make eating out a difficult proposition, fear stakeholders who have sought a 5 per cent GST on standalone restaurants and hotels. In addition, there are differential GST rates based on room rentals or tariffs. While there is no GST for room rentals upto Rs 1,000, it is 12 per cent on room rent ranging between Rs 1,001 and Rs 2,500 and 18 per cent on room rents above it up to Rs 5,000. However, room tariff above Rs 5,000 will draw a 28 per cent GST and will discourage tourists, aver the association members. From the customer's point of view, the standards of rooms levying rates below Rs 1,000 tends to range from awful in most cases to tolerable in some cases while a standard room with no compromise on hygiene will cost anywhere between Rs 2,500 and Rs 5,000. But with the new GST rates, the existing facilities will cost more without any proportionate increase in the standards. Stakeholders in the hospitality sector pointed out those even middle class tourists from the salaried sector seek comfortable accommodation that ranges from Rs 3,000 to Rs 4,500 per day. But a 28 per cent GST on this tariff if it is a star category or an 18 per cent GST for non-star category hotels will shoot up the rentals and make them unaffordable. This will impact tourism, they feared. Mr Prashanth of Safe Wheels, which deals with tourism promotion and car rental businesses, said that the tourists will have to pay more and this will negatively affect the sector. 'I have already circulated a petition to our association members to sign and the same will be forwarded to the government,' he added. Mysuru receives nearly 3.5 million tourists and the turnover ranges from Rs 1,200 crore to Rs 1,800 crore per annum. There are about 6,000 to 7,000 rooms and the accommodation ranges from budget to luxury categories. The rentals for these will go up once the GST rates are implemented. Meanwhile Hotels and restaurants in Karnataka will observe a day's bandh ­ on May 30 ­ to protest against the steep hike of 12 per cent and 18 per cent GST rates for non-AC and AC restaurants respectively. The Association is keen to go with its counterpart in Tamil Nadu,and decide on a common strike date. They will also talk to Andhra and Telangana associations so that the hotel industry in the entire south can hold protests on a single day. Prices of food items served at hotels, restaurants and fast food joints are expected to go up from July 1 as the GST Council has decided on a tax rate of 12 per cent for non-AC hotels reporting a turnover of above Rs 50 lakh and 18 per cent rate for AC restaurants. Veteran hotelier P Sadananda Maiya said input tax credits for hotels under the GST regime will be minimal as most of the items they use as inputs are exempted from tax. 

United News of India
 
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New Delhi, May 29, 2017: Hyatt Regency Delhi Residence is the most exclusive address in the capital, an incomparable Delhi living experience for those who want the ultimate in elegance, peace and style. Accommodating guests in its impeccable one-, two- and three-bedroom apartments, each of the apartment features are brilliant.

Inside every apartment, elegant interiors by renowned design house 1508 London showcase rich detail and include many original features to ensure luxurious living. From the moment you arrive, think of Hyatt Regency Delhi Residence as your home. You will enjoy a wealth of amenities in a wonderful, timeless atmosphere combined with highly personalized and attentive service.

The fully furnished apartments include bedrooms with private bathrooms, finished to the exacting standards of Hyatt elegance and style. A spacious living and dining area, features crisp drapes and elegant furnishings that provides a perfect sanctuary for relaxing and entertaining. The living space offers comfortable seating arrangements. The open style kitchens are equipped with neatly dressed cupboards, a dishwasher and bar stools, which create an area for residents to settle down in, enjoying absolute comfort.

In addition, a superior range of leisure, entertainment and business facilities are available to cater exclusively to the residents’ every wish. The leisure facilities include an 18-metre swimming pool, a health club and spa facilities, while exclusive dining options are on hand at the award-winning restaurants of Hyatt Regency Delhi. There is also a well-equipped business center for all business needs.

Another noticeable highlight of Hyatt Regency Delhi Residence is its sophisticated level of security. Security and exclusivity are of the highest importance at Hyatt Regency Delhi Residence, and all areas have been strategically designed keeping this in mind.

Facilities and services provided, as a part of the lease or agreement is Designer furniture and fitting, Central air-conditioning, washing Machine in select apartments (Two-three bedroom), fully equipped kitchen with cookware, glassware, chinaware and flatware, dishwasher, LED television, cable/Satellite television, high speed internet, dual telephone lines, daily housekeeping services provided, routine maintenance, deep cleaning, 24-hour reception / security, mail delivery, full power back-up. They also provide additional services on prior notice like Butler / personal chef, car wash service, driver for hire, car rental arrangements, club at the Hyatt membership, 24-hour doctor on call, 24-hour reception, concierge services for arranging local transportation, postal services, grocery, babysitter etc.

Corporate Comm India (CCI Newswire)

 
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New Delhi, May 29, 2017: Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh, made a visit to the recently launched North East Organic Showroom-cum-Restaurant situated at Dilli Haat, INA, here today.

The Showroom-cum-Restaurant is managed by theNorth Eastern Regional Agricultural Marketing Corporation Limited, NERAMAC Ltd., a CPSE under MDoNER in its flagship brand, “ONE” (Organic North East). The initiative has also been supported by a mission for NER by both Ministry of DoNER and Ministry of Agriculture & Farmers Welfare, Govt. of India.

Speaking on the occasion, Dr. Jitendra Singh said, NERAMAC has always worked towards promoting Agri-Horticulture produce of North East Region. It has played a key role in socio-economic development of Farmers and small Agri-preneurs of NER by undertaking various activities in the region. People in other parts of the country are yet to be introduced to the rich and healthy organic produce of the North-Eastern Region and once this happens, they would spontaneously come looking for it. This will not only give a boost to trade and business, but also help in enhancing Farmer’s income of NER, he added.

Dr. Jitendra Singh further said that in the absence of organised ‘Mandis’ in most parts of the North East, one of the priority activities of NERAMAC should be to act as a Lead Aggregator of agri-horti produce in NER, particularly when 80-82 per cent of the Agri-horti produce from the region happens to be organic in nature. NERAMAC is committed in giving market linkages to the farmers and Agri-peneurs of NER, which has been the major obstacle in the socio- economic development of the farmers of region, he added.

The North East Organic Showroom-cum-Restaurant at Dilli Haat will showcase exotic and healthy products from all the eight states of North East Region, where people can purchase goods directly at the best price available. The concept of such showroom is to promote healthy food available from NER for increasing health conscious population of the country.

Dr. Singh also said, “The showroom gives a great platform for Entrepreneurs, Agri-preneurs & Farmers of North East who can showcase and sell their organic produce. We are confident that organic food processors & farmers of North East will benefit from this outlet. With the new brand ONE (Organic North East), all the North Eastern farmers come under one common brand and this increases their bargaining power to a great extent to get premium rates. The outlet will not only help the Farmers and Food Processors of North East to increase their income but also promote the culture and traditions of North East and boost tourism."

The showroom-cum-restaurant at Dilli Haat is just the start. DoNER Ministry also supports that the project will expand in entire Delhi NCR and all other major metros like Mumbai, Chennai and Bangalore on franchise basis.

 
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Macao, May 27, 2017: Sands China Ltd. has won the 'New Hotel Construction & Design' title in the China category for its newest integrated resort The Parisian Macao at the prestigious 2017 Asia Pacific Property Awards held in Bangkok, Thailand, on May 25–26.

The Parisian Macao features a full array of integrated resort facilities, including approximately 3,000 guestrooms and suites, convention and meeting space, international restaurants, kids' club, luxury boutique spa Le SPA'tique, health club and pool deck with themed water park, along with a 1,200-seat theatre and entertainment.

Now in their 26th year, the Asia Pacific Property Awards are the largest, most prestigious, and widely recognised programme of their kind in the property industry. Judged by an independent panel of 70 industry experts, criteria focuses on design, quality, service, innovation, originality, and commitment to sustainability.

"The Parisian Macao is a key part of the vision for the development of Cotai Strip by our Chairman Mr. Sheldon G. Adelson. Creating this world-class tourism destination for Macao was led by our President Dr Wilfred Wong and a team of designers, architects and construction and engineering professionals who all take great pride in receiving this accolade," said Mr. Mark McWhinnie, Senior Vice President of Resort Operations and Development, Sands China Ltd.

Inspired by the magic and wonder of the famed "City of Light", The Parisian Macao was designed to authentically evoke Paris both inside and outside the property, with more than 20 stunning recreations of its best-known landmarks. These include the half-scale Eiffel Tower, expansive Porte Cochère, Arc de Triomphe, gardens, fountains, mazes and pools, the gilded doors of the Palais Garnier-inspired façade, magnificent lobby Rotunda, grand promenades and bronze Fontaine des Mers.

A highlight of the development, the Eiffel Tower utilises more than 2,800 tonnes of steel, 853,000 decorative rivets, 6,600 lights and 26 kilometres of electrical cabling in its construction.

Corporate Comm India (CCI Newswire)

 

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