Global hospitality company Radisson Hotel Group has announced the launch of a new AI-powered real-time hotel price matching technology, introducing a major innovation that could reshape how travelers book hotel…
In a significant boost to Pokhara’s tourism and hospitality industry, Bagaincha Resort & Spa has officially resumed operations after suffering structural damage during the Gen-Z protest movement that took place…
IHG Hotels & Resorts has officially renewed its long-standing partnership with Rugby Australia, extending a collaboration that has continued for 24 years and reaffirming the hotel group’s continued commitment to…
Varnabas Museum Hotel Limited has had its credit ratings officially withdrawn by ICRA Nepal Limited after the company failed to cooperate during the mandatory ratings surveillance process. The rating withdrawal…
Nepal’s leading domestic carrier Buddha Air has officially announced a new partnership with Landmark Hotels and Resorts aimed at enhancing travel experiences for members of its Royal Club frequent flyer…
Infomerics Credit Rating Nepal Limited has officially withdrawn the credit ratings assigned to Bhairahawa Garden Resort Private Limited following continued non-cooperation from the company during the rating surveillance process. The…
Infomerics Credit Rating Nepal Limited has assigned an issuer rating of IRN BB- (Is) to Hotel Eastern Nepal Limited, reflecting a moderate risk of default in timely servicing of financial…
Hotel Association Nepal (HAN) has officially appointed veteran tourism entrepreneur Ram Sundar Bake as the President of its newly formed Bagmati Province Ad-hoc Committee, marking a significant move aimed at…
Infomerics Credit Rating Nepal Limited has downgraded the credit ratings of Bodhi Resort Private Limited, citing continued delays in debt servicing and rising project-related financial risks. The rating agency lowered…
Infomerics Credit Rating Nepal Limited has reaffirmed the issuer rating of IRN BB+ (Is) assigned to Swornim Hotel Limited, reflecting growing confidence in the company’s improving financial structure and gradually…