Oriental Hotels has announced that its net profit for the last fiscal year soared to Rs 23.40 million, which was a 542 percent rise compared to the profit recorded a year before. Presenting the financial performances of the hotels, its chairman Govinda Das Shrestha said that Oriental Hotels recorded an average occupancy of 75.67 percent in 2007/08 and charged an average tariff of Rs 3,605 per room during the period. The hotels' income for the year shot up to Rs 385.10 million, says a press release.
Source: eKantipur
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Tuesday, September 23, 2008
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