Heavy to extremely heavy rainfall has badly affected hotel businesses in Himachal Pradesh, where hoteliers have sought deferment of GST and loan repayment for six months. Heavy rainfall in the Himalayan state has caused massive damage to infrastructure and affected the footfalls of tourists, who have either cancelled or postponed their visit due to repeated events of flash floods and landslides.
During the current monsoon session, nearly 1400 roads were damaged by over 170 incidents of landslides and flash floods in Himachal. In July, over 70,000 domestic and international tourists were stuck due to road blockage and bad weather caused by incessant rainfall in several districts of Himachal.
India Today reported that damaged roads and bad weather have compelled hundreds of tourists to cancel their holiday trips. The en masse cancellation of hotel bookings by tourists has significantly brought down the hotel occupancies in Himachal.
While speaking to Business Today TV, the state-based hoteliers said the occupancy has dropped to five per cent and the worst hit are the businessmen who are running leased-out hotels. According to the report, many of the hoteliers have raised loans and are facing difficulties to pay the installments.
Read more at : Business Today
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