Profit of Soaltee Hotel dives down

20th Nov, 2017 | Tourism Mail Crew

KATHMANDU, Nov 20 : Soaltee Hotel, one of the star rated hotels in Nepal has faced fall in its profit by 20.7 million rupees in first three months of current fiscal year in comparison to that of before.

The hotel has made an profit of 3.5 million rupees till the end of last fiscal year and last year its profit stood at 30.15 million rupees.

The hotel had earned 260 million rupees through sales of its services which indeed is less in comparison to that of previous year. In previous year the number stood at 290 million rupees.

The increased expenses in administrative and salary of the staffs, loan interest payment and foreign currency purchase are attributed for increasing expenses of the hotel.