ASSOCHAM Study: Star Hotels Hike Tariffs

Mr D.S. Rawat
Star hotels in the Delhi, Mumbai, Pune Bangalore and Chennai have increased their room and restaurant tariffs to cash in on the festive mood of the people.

According to ASSOCHAM ( Associated Chambers of Commerce and Industry of India) study and survey, most of the main hotels representatives said, They have launched attractive offers like packages for couples, which club food and liquor with accommodation".


Mr D.S. Rawat, Secretary General,  ASSOCHAM said “Star hotels in metros have increased their room tariffs by an average of up to 60 per cent and are offering gourmet cuisines, elaborate New Year’s Eve buffets along with a variety of dining and entertainment options,”.

Highlights of ASSOCHAM Study..!

# The ASSOCHAM chamber surveyed nearly 100 star hotels in different cities in pan India to gauge the mood amid the Christmas and New Year season.

# Nearly 40% of the respondents said they are all geared up to host New Year parties and anticipate a rise in footfalls.
# The star hotels have increased their tariffs and are charging between Rs 10,000 to Rs 25,000 per couple for gourmet food accompanied by unlimited premium liquor packages.

#  Mjority of the respondents have received decent bookings for their Christmas and New Year’s Eve parties.

# In spite of the slowdown in the economy, star hotels expect a 20-40% surge in the number of bookings this year in comparison to last year.

About ASSOCHAM..!The Associated Chambers of Commerce and Industry of India (ASSOCHAM), India's premier apex chamber covers a membership of about 2 lakh companies and professionals across the country. It was established in 1920 by promoter chambers, representing all regions of India.

As an apex industry body, ASSOCHAM represents the interests of industry and trade, interfaces with Government on policy issues and interacts with counterpart international organizations to promote bilateral economic issues.

It is represented on all national and local bodies and is, thus, able to pro-actively convey industry viewpoints, as also communicate and debate issues relating to public-private partnerships for economic development.

ASSOCHAM members represent the following sectors:
    Professionals (example CAs, Lawyers, Consultants)

    Trade (India - National and International)

    Industry (Domestic and International)

    Trade and Industry Associations and other Chambers of Commerce

Corporate OfficeThe Associated Chambers of Commerce and Industry of India
ASSOCHAM Corporate Office, 1, Community Centre Zamrudpur
Kailash Colony, New Delhi – 110 048
Fax: 46536481/46536482 46536497/46536498
E-mail: assocham@nic.in
Tel: 46550555 (Hunting Line)

Regional OfficesAkshay S. Sheth (Regional Director)
4th Floor, Heritage Tower,
Behind Visnagar Bank,
Ashram Road, Usmanpura, Ahmedabad-380014.
Email: akshay.gujchap@assocham.com, assocham.ahd1@assocham.com,
assocham.ahd2@assocham.com
Phone: 079-27541728(D), 079-27541729 Fax 079-30006352
Mob: 09825027956

Southern Regional ChapterThe Associated Chambers of Commerce & Industry of India (ASSOCHAM)
#3524, 17th Main, 1st Cross, Service Road HAL, IInd Stage, Indiranagar
Bangalore 560 008.
Email: events@assocham.com, director.south@assocham.com
Phone: 08040943251-53 Fax: 080-41256629

Eastern Regional Chapter88A, 3rd Floor, Sarat Bose Road, Kolkata 700 026
Phone: 033-66141600 Fax: 033-66141601
Email: Kolkata@assocham.com
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