CARE Ratings Nepal Limited (CRNL) has revised the credit rating of Hotel Lalchan Private Limited (HLPL), downgrading its long-term bank facility rating to CARE-NP B+: Issuer Not Cooperating from CARE-NP…
Radisson Hotel Group has partnered with global technology and consulting company Accenture to launch an AI-powered hotel discovery application within ChatGPT, marking a significant step in the evolution of digital…
CARE Ratings Nepal Limited (CRNL) has reaffirmed the credit ratings of International Himalaya Hospitality and Hotel Limited (IHHL), recognising the successful commencement of operations of its Marriott-managed Moxy Hotel in…
CARE Ratings Nepal Limited (CRNL) has reaffirmed the credit ratings of Hotel Saffron C.K. Private Limited (HSCK), citing the successful commencement of commercial operations while highlighting the long-term growth potential…
The Securities Exchange Board of Nepal (SEBON) has placed the proposed 100 percent rights share issuance of Chandragiri Hills Limited under its preliminary review pipeline after receiving the company’s application…
Kathmandu: CARE Ratings Nepal Limited (CRNL) has reaffirmed the CARE-NP B+ rating assigned to the long-term bank facilities of Annapurna Vista Retreat Private Limited (AVRPL), while noting that the company’s…
CARE Ratings Nepal Limited (CRNL) has revised the credit ratings of Himal Water Park & Village Resort Limited (HWPL), downgrading the company’s issuer and long-term bank facility ratings while placing…
Hotel Parkland Limited has convened a Special General Meeting (SGM) to seek shareholders’ approval for a series of key proposals, including an increase in the company’s authorised and issued capital…
The Kshamadevi Group has exited Mechi Crown, a five-star hotel in Jhapa, by selling its entire 11 percent stake to the hotel’s director and promoter, Balaram Sapkota. Following the transaction,…
The construction of Lumbini Marriott Resort and Spa, being developed by Lumbini Palace Resort Limited along the Lumbini tourism corridor, has reached 45% physical progress, while the project has achieved…
