Occupancies in hotels that charge Rs 7,500 or more a night have dropped in the first month after the country rolled out goods and services tax, according to online travel sites.
But they have seen higher bookings for mid-range and budget properties. A levy of 28%, the highest rate under GST, is imposed on hotels with room tariff of Rs 7,500 or more. Those that charge less face GST at 12% or 18%.
But they have seen higher bookings for mid-range and budget properties. A levy of 28%, the highest rate under GST, is imposed on hotels with room tariff of Rs 7,500 or more. Those that charge less face GST at 12% or 18%.