Siddartha Hospitality in 26th year, plans to run hotels abroad

Kathmandu, Feb. 7

Siddharth Hospitality, which has been operating three dozen hotels and cafes including a five-star hotel 'Siddharth Vilasha' in Bhairahawa, has completed 25 years in business.

The group started its journey from Tikapur 26 years ago and has been directly and indirectly employing more than 2,000 people.

Laxman Neupane, President of the Hospitality, said that despite the impact of the economic recession in the past due to the political instability in the country, it is a great achievement for the companies under the Siddharth Group to earn a profit.

He said, "This is also an example of how we are promoting a financially capable and well-managed hospitality company with quality."

Siddharth Hospitality has announced 15 per cent to 50 per cent discount on food and accommodation at various outlets for a week on the occasion of its anniversary.

Last year, the Group opened a five-star hotel in Bhairahawa and a luxury resort in Sauraha in Chitwan. A hotel run by the Group in Nepalgunj received the prestigious SATA award in the tourism sector, while the Siddharth Riverside Resort on Prithvi Highway and the Siddharth Resort in Surkhet managed to receive the ‘excellent’ classification in terms of food quality from the Government of Nepal.

Last year, the Surkhet Resort was upgraded to four-star level by adding 37 rooms, a wellness centre (including a swimming pool, health club, spa) and a restaurant.

The Group has organised various social programmes weekly through a non-profit organisation 'Sakar' as part of its social responsibility.

Neupane informed that on the occasion of the anniversary, blood donation, sanitation, distribution of food to orphanages and distribution of necessary materials including educational materials to students were organised through various outlets.

Along with hospitality, this Group is promoting business in various fields through companies such as Siddharth Trading Concern, Siddharth Institute of Hospitality and Siddharth Biotica (agricultural firm).

Siddharth Group has planned to operate at least 58 small and large outlets in the country and abroad by the year 2030 under its 'Vision 2030' plan.

Next year, there are plans to open a new hotel in Dhangadhi in Kailali, Damauli in Tanahun and a restaurant with a banquet in Yogikuti in Rupandehi.

 Published in The Rising Nepal daily on 8 February 2024.