.shareit

Home // ALLIED

Hoteliers seek three-month rent waiver from landlords

BY Realty Plus

Share It

Hotels, restaurants and the fast-serving Darshini outlets in the city have requested their landlords to waive rentals for three months from March 15, in view of the loss of business due to the Covid-19 outbreak and uncertainties about the future. The Bruhat Bangalore Hotels Association has, in a letter to the landlords of hotels and restaurants, proposed “a complete waiver of rentals” and common-area maintenance fee for up to June or till “such time business lockdown ends, whichever is later”. The lockdown is likely to have a long-term impact on restaurant and hotel businesses that have come to a standstill, barring small transactions of take-away food.

Share It

Tags : ALLIED