Hotel trivago to reopen for business after two years of suspension
A major hotel chain has decided to reopen after two-and-a-half years of closure.
Roti’s Roti’s Hotel, which was closed in April 2016, is now open for business and can be booked online.
It is one of the hotels that were shut down by the Central Board of Excise and Customs in 2016 after a raid by a Special Investigation Team.
In November 2016, the board banned all foreign nationals from entering the country.
In its order, the Board said, “The activities of a foreign company have affected the public interest by the acquisition, possession and distribution of counterfeit currency and related material.”
The board said the action was taken after the importation of foreign currency into India from abroad was detected and identified.
It said, as per the relevant law, the import and export of counterfeit or prohibited currency shall be prohibited.
The ban is expected to have an immediate impact on the hotel business.
Hotel owner Murali Vadodik, who owns the hotel chain, told The Hindu that Roti would be able to reopen once the order is issued.
The order came after the Central Bureau of Investigation (CBI) raided the hotel, seizing over Rs 7 crore in counterfeit currency, which included Rs 2.5 crore of currency worth Rs 7,500.
Vadodic told The News Minute that Roshi hotel, a five-star hotel in the heart of Mumbai, had been closed down on April 1, 2016, following a raid on the premises.
“We had been preparing for the reopening for two-plus years.
The company has been preparing its plans for the next phase of the re-opening.
I am confident the hotel will reopen,” he said.
The hotel was registered as a private company in May 2017.
Vadra had said the ban would affect the hotel’s revenues and its operations.
“As per the notification issued by the Board, no foreign nationals can come to India.
So, this will impact our business and our employees,” he had said in an interview to The News Tribune.