NE Group

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News

R&R Hotels & Resorts Pvt Ltd building a new hotel in Jhamel

R&R Hotels & Resorts Pvt ltd is building a 4 star hotel in the popular Jhamel neighborhood of Patan. R&R hotels & resort Pvt Ltd will develop a top-tier business hotel in the center of the bustling neighborhood with an expansive F&B offering. The project is expected to come in operational in 2018 and will be branded as a Zinc hotel.

 

The Jhamel neighborhood has seen an unprecedented boom the last several years and has now become the hub for the youngster of Kathmandu. We are excited to build a modern hotel with premium restaurant offerings in the center of this neighborhood.

 

R&R Heritage Pvt Ltd buys majority stake in Summit Hotels

R&R Heritage Pvt ltd, an investment vehicle of N.E. Group and CG group, acquires a 60% stake in Summit Hotels.

The Summit hotetel is a very special Nepali style hotel with western comfort established in 1978 by a group of Dutchmen who had great affinity for the country. Open balconies with hand-made tiles floors and carved wooden pillars connect to the rooms.

Summit hotel presently offers 73 rooms and employs around 150 employees. Company is expanding and developing Summit Hotel as Heritage hotel with construction of new building.

 

 

 

Joint-venture with Soaltee Hotels established

SIBKRIM Land and Industrial Co. Pvt Ltd, a subsidiary of N.E.Group, has established a joint-venture partnership with Soaltee Hotel Ltd. to form Soaltee-SIBKRIM Hotels and resorts Pvt Ltd. Soaltee-SIBKRIM Hotels and resort Pvt Ltd seeks to grow the Soaltee brand by developing new properties across Nepal, specifically in Nepalgunj, Pokhara and others. The company will also expand its hotel operating company to manage hotels across Nepal.

 

 

NE Group acquires share in Soaltee Hotel from Oberoi group

Oberoi Group exits Soaltee Hotel...

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