Hotel Industry Hit By Labor Shortage, Builders Too Affected

Hotel industry, facing acute labor shortage, is thinking of postponing their expansion policies. The builders were hopefully looking at the expansion- policies and as they are postponed they are also adversely affected.
labor shortage affects Hotel Industry

Labor shortage has a negative impact on Hotel Industry.

Low payment and long working- hours distract the workers from hotel industry. Hotel companies and government remain unable to find a proper solution for the labor shortage issue. Their efforts remain of- little- use to improve the situation. Vice Chairman & MD of Indian Tourism Development Corporation Limited (ITDCL) Mr. Lalit K. Panwar commented that the situation is glaring.

Mr. Panwar stated that hotel industry needs about 150,000 trained laborers annually. Mentioning the number of students passing out from universities, he said that at present only 50,000 trained laborers are available. It means there exists a shortage of 1,00,000 skilled laborers per annum. With the entry of foreign hotel companies, the shortage will be more. Continue reading

Migrant Real Estate Laborers Are Exploited: Say Reports

Real estate is in high demand for construction laborers. Labor shortage in the real estate sector creates higher trouble to the real estate developers.

Real estate developers find it difficult to finish their projects on time without having sufficient laborers.  The real estate sector has become the second best employment -provider in India after the Information Technology. However some reports say that a few real estate developers offers cash advances to the laborers for getting them on to the work site. Continue reading