In a significant move to encourage private sector growth and foster economic development, Deputy Prime Minister and Minister of Urban Development, Prakashman Singh, inaugurated Aarya Hotel & Spa in Thamel, Kathmandu, today. During the event, he emphasized the government’s ongoing efforts to update and amend laws to create a more conducive environment for the private sector, asserting that only by empowering private enterprises can the country achieve sustainable development.
In his address, Singh outlined the importance of law reforms in keeping with the evolving demands of time. “The government is constantly working on modifying and amending laws to facilitate growth and development. The notion that nothing has changed since the 2046 (1990) political change is far from the truth,” he stated. Singh further expressed his belief that the application of skills learned abroad would significantly contribute to the country’s progress, as long as such talents are harnessed domestically.
Grand Opening of Aarya Hotel And Spa
Highlighting the significance of tourism, Khyamraj Tiwari, the ward chair of Kathmandu Metropolitan City-26, reiterated that tourism is the backbone of Nepal’s economy. He emphasized that local governments must work in tandem with national efforts to create a favorable business environment for tourism to thrive.
Former President of the Non-Resident Nepali Association (NRNA), Bhuwan Bhatta, also spoke at the inauguration, highlighting the potential of hydropower, agriculture, and tourism as key drivers of Nepal’s economic growth. Bhatta stressed the need for the government to devise specific plans to promote these sectors. He also expressed confidence that Aarya Hotel, with its focus on preserving and showcasing Nepali culture and heritage, would play a pivotal role in promoting Nepal on the global stage.
Sagar Pandey, President of the Trekking Agencies’ Association of Nepal (TAAN), also voiced his support for Nepal’s tourism sector, advocating for a more efficient management structure for Nepal Airlines. He further emphasized the need to attract foreign investments into Nepal’s tourism industry. Pandey acknowledged Aarya Hotel’s efforts in promoting Nepalese art, culture, and identity, and expressed his appreciation to the hotel’s operators for their contribution to the country’s tourism development.
Krishna Singh Khatri, the hotel’s founder and chairman, pledged to showcase Nepalese culture, art, and identity to the world through Aarya Hotel. He revealed that the hotel had been established with an investment of NPR 2.5 billion and highlighted the hotel’s unique design, which integrates traditional Nepali handicrafts in its décor.
Aarya Hotel & Spa, located in the heart of Kathmandu’s popular tourist destination Thamel, boasts 72 rooms and offers a distinctive experience with its incorporation of Nepali traditional craftsmanship. The hotel is designed to cater to both domestic and international tourists, offering a sky restaurant and a range of luxurious services to enhance the visitor experience.
With the inauguration of Aarya Hotel, the Kathmandu Valley sees the introduction of the first hotel with a sky restaurant in Nepal, marking a unique milestone in the hospitality industry. The hotel’s prime location in Thamel, known for its vibrant tourism activity, aims to provide a blend of luxury and cultural heritage for tourists.
The hotel aims to not only provide high-quality accommodation but also serve as a cultural hub, promoting Nepalese traditions and values through its décor, cuisine, and services. Asrya Hotel is poised to be a key player in the growth of Nepal’s tourism industry by attracting both foreign and local tourists, and further enhancing Thamel’s appeal as a prime tourist destination.
In his closing remarks, Deputy Prime Minister Singh expressed his satisfaction with the hotel’s vision and commitment to promoting Nepali identity. He reaffirmed the government’s support for the private sector and reiterated that the development of tourism infrastructure and services is a critical component of Nepal’s economic growth strategy.
