Thursday, November 8, 2012

Radisson profit up 37.02%

KATHMANDU, NOV 8, 2012

Radisson Hotel Kathmandu profited Rs 111.50 million in the last fiscal year -- a rise of 37.02 percent compared to a year ago, a statement said on Wednesday. Speaking at the annual general meeting of the hotel, Bidhya Krishna Shrestha, managing director of the hotel, said total transactions were up by 17.74 percent compared to a year ago. Total revnue of the hotel during the year stood at Rs 710.10 million -- the highest so far, said the statement. The hotel´s revenue per available room (RevPAR) also increased by 19.57 percent to Rs 6,201, according to the statement.

Source: Republica

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