Information of Hotel Industry Laws in India – Part1

admin On August - 6 - 2010Comments Off

Introduction

Hotel Industry in India is witnessing tremendous boom in recent years and going through an interesting phase. One of the major reasons for the increase in demand for hotel rooms in the country is the boom in the overall Economy and high growth in sectors like information technology, telecom, retail and real estate. Rising stock market and new business opportunities are also attracting hordes of foreign investors and international corporate travelers to look for business opportunities in the country particularly growth in tourism sector. As hotel industry is inextricably linked to the tourism industry and the growth in the Indian tourism industry has fuelled the growth of Indian hotel industry.

Explosive economic growth in India ignites unquenchable demand for hotel rooms. With huge investments flowing into India for the development of infrastructure such as roads, highways, airports and convention centers, interest in hotel developments is hitting new highs as tourism, business and travel are on the rise.

The booming tourism industry has had a cascading effect on the hospitality sector with an increase in the occupancy ratios and average room rates. And with the continuing surge in demand, many global hospitality majors have evinced a keen interest in the Indian hospitality sector. It is estimated that India is likely to have around 40 international hotel brands by 2011.

Opportunities

The spurt in India’s tourism industry growth has had a ripple effect on its hospitality sector. Rising income levels and spending power combined with the governments open sky policy have provided a major thrust. The industry is growing at a very rapid pace and there is a demand for more rooms both in metros and smaller towns. It is estimated that India is likely to have around 40 international hotel brands by 2011.

India’s booming hospitality industry has transformed into a veritable basket of the choicest of rooms, food and beverage, health and business facilities, travel packages and everything that you can think of. New global entrants are vying with existing local players to provide world-class services at prices suited to every pocket.

An estimated 4.4 million tourists are expected to visit India with an annual average growth rate of 12% in the next few years. The domestic tourist market is also flourishing. The commonwealth games in 2010 will add to the demand for quality accommodation.The Government of India’s Incredible India destination campaign and the Atithi Devo Bhavah campaign have also helped the growth of domestic and international tourism and consequently the hotel industry.

The opening up of the aviation industry in India has exciting opportunities for hotel industry as it relies on airlines to transport 80% of international arrivals. The government’s decision to substantially upgrade 28 regional airports in smaller towns and privatization & expansion of Delhi and Mumbai airport will improve the business prospects of hotel industry in India. And the upgrading of national highways connecting various parts of India has opened new avenues for the development of budget hotels in India. Taking advantage of this opportunity Tata group and another hotel chain called ‘Homotel’ have entered this business segment.

If you want to read article go to second part of this – Information of hotel industry laws in india – part2.

How Complex Are Workers Compensation Laws?

admin On July - 1 - 2010Comments Off

Most people do not feel the need to understand workers compensation laws until they have suffered a serious injury at work. These laws can be quite complex and they vary from state to state. It is important for every worker to be aware of what workers compensation entails so they will be prepared in the event of a serious accident.
Worker’s Compensation, also known as ‘Workman’s Compensation” or ‘Worker’s Comp’, is a set of laws designed to protect injured workers. The purpose is to ensure that if a worker is injured at work, they will receive medical care, lost wages associated with the injury, rehabilitation, and retraining so they can return to work once they have recovered. If a worker is killed while at work, their families will usually receive death benefits. This systems permits injured employees to receive benefits without having to prove that the employer was negligent
While most injured workers usually qualify for benefits, there are situations where an employee may be denied benefits. This type of situation can become very complicated. Workers who are denied benefits usually consult with an attorney. An attorney who specializes in worker’s comp claims are Worker’s Compensation Attorneys. An attorney can advise a worker on how to protect their benefits and will defend them if they are denied benefits, denied extended or permanent disability, or had their benefits terminated early.
Employers tend to know more about worker’s comp law than the workers. Sometimes an employer may attempt to deny benefits. They may also send an injured employee to a doctor who may not have much experience in the area of the injury, or is working more for the employer than the patient. . An attorney will help protect a worker’s rights if an employer attempts an underhanded method of denying benefits or forces an employee back to work too soon after an accident. An attorney will also help a worker who returns to work for a period of time following an injury and suddenly finds himself laid off and no longer eligible to collect benefits.
Using the services of a worker’s compensation attorney will increases the chances of a worker receiving benefits. An attorney understands all aspects of the worker compensation laws and is familiar with the process, the officers and judges who preside over the process, and how the process works. Worker’s compensation proceedings are much different than other law proceedings. The setting and rules are more relaxed. Most personal injury lawyers will work on a contingency fee basis. This means that the attorney does not receive compensation unless the case is successful. Most states limit the amount an attorney can receive in fees for worker compensation claims so it can be difficult securing a personal injury lawyer. You should try to hire a personal injury lawyer that has experience with worker’s compensation claims
A worker who receives worker’s comp benefits usually cannot file a personal injury claim against an employer. A worker can file lawsuit if an employer intentionally causes an injury. The employer must have committed a precise act that intended to cause injury to the employee. For instance, if an employer pushes an employee down a flight of stairs, you can sue. A worker may also sue if an employer is required to provide compensation coverage and fails to do so.
If you find yourself facing obstacles to securing worker compensation benefits, you should consult with an attorney. The laws can be very complex for someone who does not have a legal background. A personal injury lawyer will have the expertise in handling a worker’s compensation claim.

Rules And Laws Of Business Investing

admin On June - 26 - 2010Comments Off

Anyone looking to buy into a new business opportunity should know their rights and how things work before they make any sort of financial or legal commitment with a new partner. There are lots of laws and rules that exist precisely because there seems to be a draw toward scamming people when it comes to business deals.
Making sure that a transaction is legal to the business opportunity rule and laws set forth by the government not only protects the partners, but also protects the customers who will become consumers and clients of the business. Finding out what the business opportunity rule is a local matter. Laws differ from state to state, and this is one case where the business opportunity rule of one state will be different from neighboring states.
In all cases, the law stipulates that an offering company or partner must complete a business disclosure before taking on any partners in the business. In some states the disclosure statement must be reviewed by officials before the disclosure is approved, thereby allowing the initial partner to enter into agreements with new partners. In other states, the rule simply states that the disclosure must be completed, but there is no rule stating that the disclosure has to be approved by anyone before business agreements can go forward.
This is a very important difference between different versions of the same business opportunity rule. Those looking into joining into a partnership for a business should check out the local rules in order to know what is expected in their local region. Disclosure information should include information about the business as well as information about the primary person running the business.
This is because many people open multiple businesses, especially nowadays, so just because the current record of one business is clean does not mean that the person behind the business has a clean record. Another business of the same person could have scammed people or gone bankrupt, this is why both company and personal information is required in the disclosure.
Whether the local business opportunity rule stipulates that businesses must have a current disclosure, or that the disclosure must be reviewed by officials prior to being given to any prospective business partners, in either case, the potential investor should carefully check out the disclosure document before going into business with someone else. Business rule exists in order to protect people legally from getting scammed by people looking for investors while they do not really have a legitimate business in which to invest.
Carefully checking out the disclosure document and checking the accuracy of it if the local business opportunity rule does not require that officials check it first is the first step to going into business deals safely and legally. Take this first step with care and watch your business deals grow quickly once you have chosen good businesses in which to invest. Good businesses will always comply with local business opportunity rule and laws, so one can be confident of a business clean record.