India-Pakistan tensions rock hospitality business
- Posted on May 11, 2025
- By Financial Express
- 3 Views
India-Pakistan tensions rock hospitality business
India-Pakistan tensions hit hospitality hard with over 50% booking cancellations and a 40% business slump expected in May. Hotels face daily revenue losses, cancelled events, and IPL suspension impact. Chains implement cost-cutting measures to manage declining occupancy and rising uncertainty.
