Nepal’s Bust of a Peak Season

• Nepal hotels are complaining they are not seeing the deluge of reservations they would expect at this time of year.
• Asset World Public Company Limited signed a hotel management agreement with IHG to launch the Kimpton Pattaya and further demonstrate confidence in Thailand’s tourism industry.
• ANA Holdings and IHG ANA Hotels Group Japan signed a comprehensive commercial agreement.

Nepal hotels are complaining they are not seeing the deluge of reservations they would expect at this time of year. The VP of Hotel Association Nepal said a quarter of the hotel rooms are vacant. The Association has 2,000 hotels as members. Only 25% of their 10,000 room nights have been sold. They claim nearly 20% of […]