Hotel guests may not gain much from GST rate cut

The decision to hike hotel room rates by hospitality chains has raised another concern in the market – will the benefits from the recent reduction in goods and services tax (GST) rates on hotel room tariff be passed on to customers? There are apprehensions that hiking room tariffs between 4% and 15% starting October 1, 2019, will basically negate the GST rate cut, as a result there will be no chan…