Will there be impact on the Hotel Industry during the current scenario??

yes there will be impact on hotel industry in the current position because due to cost cutting many corporate companies have cut down there expenditure and the hotel industry has lost there corporate clientel due to cost cutting and recession.....

yes there is going to be big impact as such there will be reduction in the tourism, which had the Hotel business thriving until now, so in this scenario it will be difficult for them to do business and thrive in this scenario.

Ofcourse there will be impact as such the same is happening for all other industries there will be job cuts even in this industry just to surive in this tough scenario for them, so yes there will be significant impact.

Yes there will be a significant impact on the hotel industry as such there is recession happening all around the world and there is not much of bussiness oppurtunities happening for another 1-2yrs in India due to the financial crisis so there will be significant reduction in the no. of hotel rooms booked and the tourism also will take back seat here and Inflation at all time high by this they have to increase their price and this keeps away the customers.