Ahmedabad: Right when everything starts searching for hotels in the city after a year of Lull in business, delaying Summit Gujarat Gujarat who has handled them a heavy blow.
Industrial estimates show that five-star hotels stand lost around RS 30 Crore business because of the suspended events.
The Association of Narendra Somani, President, Hotels and Restaurants – Gujarat, said, “This industry will face a large setback with delays VGGS 2022.
Most five-star hotels in the city aged 60-80% are booked for Mega investment summit.
Now, the industry will face losses Directly worth at least Rs 15 Crore from guests who have booked for VGG alone.
Losses will come from occupancy and food sales and drinks.
“On average, a hotel with fast bookings do business between Rs 50 Lakh and Rs 1 Crore.
Pelangi has faced the cancellation of room bookings since Wednesday.
“In the last two days, we have seen cancellations of at least 1,800 night rooms for January.
This means that around 600 people will cancel the order and more possibilities,” said a city hotel, did not want to be named.
“With some marching events, the first quarter has provided a lot of hope in terms of business recovery in the hospitality sector, which has undergone turbulent times through a pandemic.
With the delay in VGGs, the overall sentiment has punched,” said Neelabh Chug, General Manager, Renaissance Ahmedabad.
On the brighter side, travelers expect positive sentiment in the upcoming quarter.
“When the cases recede, everything will rise back faster,” said another hotel.