Tourism & Hospitality
Tourism and hospitality industry in Nepal plays a significant role in the country’s economy and has been a major contributor to employment generation and foreign currency earnings. Nepal, with its breathtaking landscapes, rich cultural heritage, and the majestic Himalayas, attracts a large number of tourists from around the world. Nepal is home for vast natural and cultural diversity, adventure tourism, agro and eco-tourism, spiritual and cultural tourism that attracts large number of foreign travelers and internal tourists. The Nepalese people are known for their warmth, friendliness, and hospitality, which enhances the overall tourist experience.
Tourism and hospitality industries were hardly hit by the COVID-19 pandemic and the industry and investors has suffered due to lack of tourist turnovers, restrictions in operation, price wars and unhealthy competition. This has affected the livelihood of many families. Inefficient strategic backups, financial planning and lack of diversification plans have hurt the industry in the short run.
We offer customized services to the industry including FDI assistance and support to hospitality sectors ranging from setting up FDI industry to repatriation of earning from such industry. We support industry and investor with financial and transaction modeling, business planning, investment profiling, feasibility analysis, key process outsourcing, taxation and legal advisory, audit and other assurance services. We have experience of representing tourism and hospitality industry to portray their plans to foreign and local investors, bankers.