Mumbai hoteliers claim business was down by 45% on New Year’s Eve

Hoteliers used to rake in at least Rs450 crore during New Year celebrations, but this year’s turnover was only Rs250 crore

In the wake of the Kamala Mills fire, the business of hotels and restaurants has dipped by 45%, claimed owners.

The BMC has demolished several illegal structures at Kamala Mills after the fire. (Anshuman Poyrekar/HT Photo)

According to the Hotel & Restaurant Association Of Western India (HRAWI), hoteliers used to rake in at least Rs450 crore during the New Year celebrations, but this year’s turnover was only Rs250 crore.

Dilip Datwani, president, HRAWI, attributed the fall to multiple factors. “Many hotels faced the BMC axe and hence cancelled their celebrations. There is overall negativity among hoteliers and patrons following the tragedy,” said Datwani.

Another reason was the shortage of beer, along with people going to hill stations and places such as Goa.