Vikram Kamats Hospitality: Hotel Operations Suspended Due to Floods

Vikram Kamats Hospitality Ltd has temporarily suspended operations at its VITS Kamats Resort Silvassa due to severe flooding and waterlogging caused by torrential rainfall. The adjacent river breached its banks, inundating the hotel premises, and the main access bridge is submerged, disrupting safe road access. As a precautionary measure, guests and employees have been safely evacuated. The company is assessing the impact on assets and operations and has informed its insurance company, stating it has adequate coverage. Operations are expected to normalize gradually in the coming days, barring unforeseen circumstances.