Soaltee Crowne Plaza bags WTA

Soaltee Crowne Plaza Kathmandu has won the prestigious World Travel Awards (WTA) 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 at the award distribution ceremony in Singapore. “It makes us proud to be recognised on a global platform,” he said.

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.

source: The Himalayan Times,19 Nov 2012