News
Hospitality sector weathered GST, demonetisation storms well: Report
- Date:
- April 20, 2018
- Source:
- Economic Times
The hospitality sector in India survived the disruption caused by the introduction of a new tax regime and the impact of demonetisation, as reflected in the better-than-expected number of hotel management, franchise and lease agreements signed in 2017, according to a new report by Jones Lang LaSalle shared exclusively with ET. “Coming on the back of demonetisation at the end of 2016 and GST…