India: Hotels go slow on hiring to cut costs | indiatimes.com
In a bid to contain costs due to lower occupancies, the hospitality industry is cutting down on its temporary staff and has slowed down on new hirings. Staff and power are considered to be the two major costs that have to be borne by a hotel. As per current industry standards, in city hotels temporary staff forms 15% of the total employee force while in leisure hotels and resorts, it's nearly 40-60%.