The nip is in the air. But the buzz in tourism industry is missing in the peak season thanks to demonetization. Hospitality stakeholders said they have been witnessing cancellations in hotel bookings and receiving distress calls from tourists, mostly foreigners, about availability of cash in ATMs.
Sources in the Hotel and Restaurant Association of Odisha (HRAO), a private body of hoteliers, said their business has been affected by 75% since the Centre demonetized Rs 500 and Rs 1,000 currency notes.
sambad epaper 21/11/2016: http://sambadepaper.com/epapermain.aspx