Tourism industry seeks lower VAT on ATF as summer travel slumps | Jaipur News
Jaipur: Soaring fuel prices, tumbling stock markets, reduced corporate travel, geopolitical unrest combined to batter the summer tourism season.Industry associations said hotel occupancies have plunged to just 35-40%, compared to far higher levels last year.The sharp fall in demand has forced many properties to slash tariffs, with room rates dropping 20–25% from the previous season.Hoteliers…