Monday, November 19, 2012

Soaltee bags World Travel Awards

Soaltee Crowne Plaza Kathmandu has won the prestigious World Travel Awards 2012 — also described as the ‘Oscars of the travel industry’ by the Wall Street Journal — for 'Nepal’s Leading Hotel'.
"We are absolutely delighted to win the award,” Soaltee Crowne Plaza Kathmandu general manager Nalin Mandiratta said, speaking on the award distribution ceremony in Singapore.“It makes us proud to be recognised on a global platform,” he said, thanking his team members for making the guests happy and creating a Great Hotel Guests Love.
Established in 1993, the World Travel Award serves to acknowledge, reward and celebrate excellence across all sectors of the global travel, tourism and hospitality industry.
Nominations are gathered by region and voting is carried out by millions of travel agents and tourism professionals from more than 164 countries, including visitors to World Travel Award’s website who are encouraged to submit their votes via the online voting system.
Listed at Nepal Stock Exchange, Soaltee Crowne Plaza Kathmandu is a five star deluxe hotel managed by InterContinental Hotels Group PLC and boasts an array of amenities like 282 rooms, seven meeting spaces, city’s finest specialty restaurants and bars, state-of- the-art fitness centre, beauty salon along with various recreational facilities making it a preferred destination for business meetings, leisure and all celebrations.
The preferred destination for business meetings, leisure and all celebrations in Kathmandu, Soaltee had posted Rs 300.58 million gross operating profit by the end of last fiscal year (June 30, 2012) compared to Rs 245.84 million in the same period of a fiscal year ago. Likewise, in the first quarter of the current fiscal year, the hotel has posted Rs 45.08 million gross operating profit compared to Rs 42.39 million in the same period a fiscal year ago. Soaltee has listed 17,908,990 unit shares at Rs 10 per unit at the Nepse and its shares were last traded at Rs 312 per unit.
Similarly, InterContinental Hotels Group (IHG) is the world’s largest hotel group by number of rooms. IHG owns, manages, leases or franchises, through various subsidiaries, 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, Staybridge 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.

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