TWO NEW FOUR-STAR HOTELS IN TOWN

Implementing Expert Group (IEG) – the investment group of businessmen involved in international trade – is preparing for the launch of its two new four-star hotels on the eve of Nepal Tourism Year 2011.

If everything goes as planned, Airport Hotel near Tribhuvan International Airport and Red Rose Apartment Hotel will begin operation from December.

The group is investing more than Rs 1 billion in the two projects. Sources at IEG said the new hotels would focus on up-market clientele and that they would not compromise on quality. The group will soft

launch the hotels in December and aggressively market and promote them in the first few months of 2011. While the Airport Hotel targets passengers flying to and from Tribhuvan International Airport, Red Rose expects to get visitors who want to stay for seven days or more.

Airport Hotel will have 55 rooms in five floors, while Red Rose will have 11 apartment and 30 rooms. Apart from accommodation facility, the group is also preparing to build operate shopping complexes and restaurants in both the buildings.

TAAN e-news 22 July 2010