Soaltee wins Today's Traveller Award

Soaltee Crowne Plaza Kathmandu — a preferred destination for business meetings, leisure and all celebrations — has won the prestigious Today’s Traveller Award 2012 for Best International Business Hotel in Nepal.
"I am immensely delighted to receive the award," said general manager of Soaltee Crowne Plaza Nalin Mandiratta upon accepting the honour from tourism minister of India Subodh Kant Sahai in New Delhi on Tuesday.
"It is yet another proud achievement for Soaltee and gives us motivation to further excel in our product and service offers for our valuable customers," he added.
Reputed for its architecturally stunning exteriors, mountainous surroundings, comfortable rooms, state-of-the-art meeting facilities, impeccable service and world class amenities, the iconic Soaltee Crowne Plaza Kathmandu had also been the proud recipient of Today’s Traveller Nepal’s Best Business Hotel Award for 2008.
Today's Traveller is India's most respected travel and tourism industry award incorporated in 2007 with the objective of recognising exceptional achievers and contributors, who have inspired all the players in the travel and tourism industry.
Soaltee Crowne Plaza Kathmandu — a Nepal Stock Exchange (Nepse) listed company — is a five-star deluxe hotel managed by InterContinental Hotels Group PLC, and boasts an array of amenities with 282 rooms, seven meeting spaces, city’s finest specialty restaurants and bars, state-of-the-art fitness centre, and a beauty salon along with various other recreational facilities, which makes Soaltee a preferred destination for business meetings, leisure and all celebrations.
Due to its regular good returns, the shares of the hotel have been traded at around Rs 235 per unit at the Nepse that has listed 17,908,990 unit shares at a face value of Rs 10 per unit. It has recorded a Rs 163.43 million profit before tax and Rs 120.21 million profit after tax at the end of the quarter on March 31, according to the hotel's third quarter financial statistics. "Sailing on sustained tourist arrivals, the hotel has been able to increase its total income by 11.78 per cent as compared to the same period last fiscal year."
InterContinental Hotels Group (IHG) is the world’s largest hotel group by number of rooms that it owns, manages, leases or franchises, through various subsidiaries. It has over 4,400 hotels and more than 645,000 guest rooms in 100 countries and territories around the world.
The group owns a portfolio of well recognised and respected hotel brands including InterContinental Hotels & Resorts, Hotel Indigo, Crowne Plaza Hotels & Resorts, Holiday Inn Hotels and Resorts, Holiday Inn Express, Stay bridge Suites and Candlewood Suites and also manages the world’s largest hotel loyalty programme, Priority Club Rewards with 48 million members worldwide.
IHG has 1,400 hotels in its development pipeline, which will create 140,000 jobs worldwide over the next few years. InterContinental Hotels Group PLC is the group’s holding company and is incorporated in Great Britain and registered in England and Wales.