HVS Asia Pacific Newsletter | Week ending 7 November

Hotels In India To Consider Discounting Room Rates | India hoteliers are contemplating decreasing their room rates by 10% to 15% in light of current economic conditions after a meeting with the local tourism authorities. The meeting, which was convened to assess the impact of the global meltdown on the tourism industry, also brought up the demands made by hoteliers including more liberal rules for external commercial loans and computation of...