PANJIM/MARGAO/PONDA, May 3 -- Goa's hospitality sector has been dealt a historic blow as commercial LPG prices surged by an unprecedented Rs 993, pushing the cost of a 19 kg cylinder past the Rs 3,000 mark to Rs 3,149. Already reeling from supply constraints and high operational costs triggered by the ongoing Iran war, hoteliers and restaurateurs are facing a severe crisis following the record-breaking single-month hike.
While the steep rise has triggered strong reactions from industry bodies in several parts of the country, stakeholders in Goa say the impact is already being felt on the ground.
Deepak Pai, President of the South Goa Hoteliers Association, said restaurants and hotels are facing a dual challenge of rising costs and incon...
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