The worst may be over for Nepal’s luxury hotels

Compared to record losses in the last fiscal year, hotel revenues are up and losses are down in the second quarter, industry insiders say.

The worst may be over for Nepal's luxury hotels as the tourists are starting to trickle back. After posting record losses in the last fiscal year ended mid-July 2021, they can look forward to a rapid rebound as revenues are up and losses are down, say industry insiders.