Desk Report: Nepal’s tourism sector has been hit hard by two days of protests by the Jan-Jid movement. The September 8-9 protests resulted in an estimated loss of Rs 25 billion or Rs 2,500 crore due to hotel vandalism, travel disruptions and widespread cancellations. This information was revealed in a report by Nepal’s English daily The Himalayan Times. Entrepreneurs and policymakers are worried about the situation just before the start of the peak tourism season, but they are also expressing hope for a turnaround. The initial report by the Hotel…
Read MoreNepal’s tourism sector in turmoil, losses of Rs 2,500 crore in 2 days
