In today’s session, the Nepal Stock Exchange (NEPSE) lost 14.53 points (0.54%) to close at 2,647.07. This follows a 3.58-point gain in the previous session. The index opened at 2,661.01, reaching an intraday high of 2,676.05 and a low of 2,645.24. The total turnover stood at Rs. 8.91 Arba, with 23,689,071 shares exchanged across 327 …
Hotel entrepreneurs have voiced serious concerns over the lack of government support and protection for the hotel industry, which they describe as crucial to the country’s tourism development. Speaking at an event on Friday, Suresh Baral, President of the Hotel Business Association Kathmandu, criticized the state’s approach as discriminatory. “Hotels located in areas with high …
The Government of Nepal is preparing to implement stricter regulations on the casino industry through a new Tourism Act. Culture, Tourism, and Civil Aviation Minister Badri Prasad Pandey recently registered the Tourism Bill in the National Assembly, citing that existing laws are outdated and inadequate for addressing the current state of operations. The bill identifies …
The government is set to implement a new Tourism Act that will require mandatory environmental studies for the construction of four-star and higher-rated hotels and resorts. A bill to this effect has been introduced in the National Assembly by Minister of Culture, Tourism, and Civil Aviation, Badri Pandey. The proposed legislation aims to reform and …
To ensure a smooth supply of drinking water for the people of Pokhara, the Hotel Association Pokhara, Nepal, has drawn the attention of the Water Supply Corporation. A delegation from the Association, led by President Laxman Subedi, visited the Nepal Water Supply Corporation’s Pokhara office on Monday, urging the institution to take the basic human …
Ramada Encore Kathmandu, a premier 4-star upscale hotel, and U.S.-based leadership development organization Impact Yes today announced a strategic partnership to redefine leadership standards in Nepal’s hospitality sector. The agreement, signed at Ramada Encore Kathmandu, aims to empower teams, elevate service excellence, and set new benchmarks for the region. The collaboration will integrate psychology-driven training …
A new “Temple Bell Boutique Hotel” has recently begun soft operations in Pokhara from April 4. According to Bishworaj Poudel, the president of the Restaurant and Bar Association of Nepal (REBAN) and the chairman of the hotel, the formal inauguration is scheduled for later this Nepali month. He revealed that this four-star luxury hotel has …
Bishwo Bhandari
Atmosphere Core, a prominent name in the South Asian hospitality industry, has announced the signing of its first resort in Nepal, marking a significant milestone in its international expansion strategy. The resort, named Aarunya Nature Resort by Atmosphere, is nestled in the tranquil valleys of Banepa, a charming town located just outside Kathmandu. Set to …
At a general assembly in Kathmandu, Arun Adhikari was chosen as the new president of the International Nepali Chefs Society. The organization’s main objective is to bring together Nepali chefs from all over the world in order to improve the reputation and quality of Nepali food internationally. The occasion was a major step in creating …
Siddhartha Hospitality, part of the Siddhartha Group, is upgrading the Siddhartha Riverside Resort in Chumlingtar, Chitwan to a four-star level resort. Currently operating under the “Siddhartha Batika” brand, the resort will soon reopen as part of the “Siddhartha Vaibhav” brand. According to Kiran Rimal, a board member of Siddhartha Hospitality and Cluster Manager for the …
