The global hotel industry is increasingly redefining growth through net unit growth (NUG), with major hotel companies focusing on expanding the number of rooms and properties in their networks alongside…
Soaltee Hotel Limited (SHL) has reported a net profit of Rs. 76.11 crores in the fourth quarter (Q4) of fiscal year 2082/83, compared to Rs. 65.33 crores in the corresponding…
Taragaon Regency Hotel Limited (TRH), operator of Hyatt Regency Kathmandu, has reported a sharp deterioration in its financial performance in the fourth quarter of fiscal year 2082/83, posting a net…
Sara Sadan Boutique Hotel has celebrated its first anniversary, marking a significant milestone in its journey of growth, learning, achievements, and commitment to quality hospitality. The anniversary celebration brought together…
ICRA Nepal Limited has withdrawn the bank loan ratings assigned to Hotel Sabrina Limited, while placing the hotel’s outstanding issuer rating of [ICRANP-IR] B on notice of withdrawal. The rating…
Buddha Air has entered into a new partnership with Hotel Pauwa, introducing exclusive hospitality benefits for members of its Royal Club frequent-flyer programme. Under the partnership, Royal Club members can…
Historic 1939 building transformed into a 68-room alpine resort in the Bucegi Mountains. Radisson Hotel Group has opened the Radisson Blu Hotel, Sinaia Cota 1400, a new 68-room mountain hotel…
Batika Resort Sauraha, a long-established hospitality property in one of Chitwan’s major tourism destinations, is entering a new phase with Paradise Inn Pvt. Ltd. taking over its management from Jestha…
The Hotel Association Nepal (HAN) Lumbini Province Ad Hoc Committee has been formally established in Butwal, marking a significant step toward strengthening the province’s hospitality and tourism sector. The committee…
A capacity development and interaction program titled “Capacity Development of Spa Industry” was held at Hotel Shanker in Kathmandu with the objective of making Nepal’s spa and wellness industry more…
