Page 78 - Occupancy News Today

The rating agency expects the occupancy of companies in the sector to bounce back substantially to 60 per cent in FY22, from the estimated occupancy of 52 per cent in FY21, and the revenue growth to be at 20 per cent in FY22, against an estimated contraction of 19 per cent in FY21, aided by a lower base as well.Ther

Covid 19 coronavirus: Hotel revenue plunges by 40 per cent 11 Jan, 2021 05:52 PM 4 minutes to read Hotel occupancy is down to about 50 per cent around the country. Photo / File Aviation, tourism and energy writer for the NZ Heraldgrant.bradley@nzherald.co.nz@gbradleynz Hotel room revenue across the country has plunged by more than 40 per cent, as room occupancy is half of what it was last year. Data from New Zealands largest and longest-running hotel benchmarking programme sh...

Businesses selling liquor onsite had until Dec. 31 to pay their annual privilege tax to Johnson City, a fee that for restaurants can be in the range of $600 to $1,000 depending on their seating capacity. But one local restaurant owner is questioning whether it’s fair to charge those fees during a year in which public health officials have encouraged restaurants to cut their maximum capacity to reduce the spread of the novel coronavirus (COVID-19). “It just feels like a bureaucratic en...

Earlier, the Madras High Court ordered maintenance of status quo (only 50 per cent seating) until further orders.

Representative image CHENNAI: Union home secretary Ajay Bhalla, has in a letter to Tamil Nadu chief secretary K Shanmugham, said that the state government’s order permitting 100% occupancy in theatres and multiplexes dilutes MHA guidelines. The MHA guidelines had allowed only 50% occupancy and that too outside containment zones. States and Union territories shall not dilute guidelines issued under Disaster Management Act in any manner, the letter said. “We have taken it (the letter from MH...

The asterisk is a humble punctuation mark. Unlike the period, it doesn’t stop anything. Unlike the comma, it doesn’t even slow things down. It doesn’t shout like an exclamation point

In a Tuesday afternoon press conference, Harris County Judge Lina Hidalgo said that she expected that Harris and surrounding counties would likely have to start reimplementing occupancy restrictions for local businesses and halt non-essential elective surgical procedures, all thanks to Gov. Greg Abbott’s statewide order that tied reopenings to COVID-19 hospitalizations. “Unless things change in the next few hours, unless there’s a 180-degree shift, we do sadly expect to cross that thresho...

HELENA (AP) — Montana health officials reported 556 new cases of COVID-19 Tuesday, continuing a decline in daily reported cases of the virus.

Photo Credit: IANS IANSLive New Delhi, Dec 24 (IANS) Christmas and New Year celebrations have come about as a silver lining for the hospitality industry which has been among the worst-impacted sectors due to the lockdowns and the pandemic. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow I...

Photo Credit: IANS IANSLive New Delhi, Dec 24 (IANS) Christmas and New Year celebrations have come about as a silver lining for the hospitality industry which has been among the worst-impacted sectors due to the lockdowns and the pandemic. To get full access of the story, click here to subscribe to IANS News Service © 2021 IANS India Private Limited. All Rights Reserved. The reproduction of the story/photograph in any form will be liable for legal action. For news, views and gossips, follow I...