Industry Update
External Article10 July 2020

Pandemic taught hotel industry to live with zero revenues and with fixed costs turning variable: Puneet Chhatwal

By Puneet Chhatwal, MD & CEO at Indian Hotels Company Limited

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The last time when we interacted, things were looking down. There was virtually no business for the hospitality/hotel sector. Are things looking up now? Or is this just a start and there is a long road of recovery ahead for Indian Hotels?It is a start and we are very happy that the start has happened in some of the key sources of revenue or business for us. The start happened in Mumbai yesterday, in Bangalore a month ago and hopefully a few other key metros will follow next .

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Puneet Chhatwal

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