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SC ban on liquor sale seems to impacts premium hotels business

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Mumbai:  The recent Supreme Court (SC) order banning sale of alcohol within 500 metres of national or state highways is expected to severly impact the revenues in 12 major citites of the premium hotels across the country.

Revenues of premium hotels are likely to be impacted in the range of 30 percent; according to a report by Crisil.

The SC order will also impact room demand of premium hotels across the country, report said.

Especially in Pune, Kollkata, Agra’s hotels will be more affected Where as Mumbai and Goa to be less impacted said the report.

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