NEW DELHI: The National Restaurant Association of India (NRAI) on Wednesday said it has asked mall owners to waive off rentals during the lockdown period and even renegotiate commercial terms going forward as the protracted closure of malls continues to impact business.
NRAI has written to mall owners to urgently resolve commercial concerns of food and beverage retailers, it said in a statement.
In its letter, the industry body expressed two concerns -- waiver of charges of rentals and a revised revenue sharing model. “The mandated lockdown has forced us to shut shop and prevent the malls to allow entry to our guests, staff or suppliers.