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Tourism News

Hotel bed occupancy rate 45pc

Jul 16 2016 | 11:49 am

KATHMANDU:Nepal Rastra Bank has said that hotels’ bed occupancy rate in the country as of first 11 months of the last fiscal year stood at 45 percent.

Citing  Hotel Association of Nepal (HAN) data, the central bank said that occupancy rate remained low due to the seasonal slowdown. At the same time, the domestic tourism has also witnessed slackness for the time being due to the monsoon and plantation season of major crops.

However, foreign tourists arrival is expected to gradually increase with the beginning of August 2016, the central bank said in its monthly macro-economic report.

Panipokhari

Kathmandu, Nepal

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