Tiger Palace Resort, Bhairahawa in Nepal has reopened its facilities for the first time in over a year, welcoming the Nepal Tourism Board CEO as its "first guest" after Covid.
The Hotel Association Nepal has reached an accord with workers' unions under which the pay of staff will be cut by about half. Employees will also work turns and if they are not on duty they will not be paid.
Nepal's hotel industry is struggling to stay afloat given the border restrictions due to Covid-19 and is seeking to implement a "no-work, no pay" system for employees.
Mike Bolsover sits down with Asia Gaming Brief executive editor Michael Penn about Nepal's gaming industry, what's in store for Silver Heritage Group, and how Bhairahawa Resort stands in terms of construction and the pandemic impact.
Troubled Australia-listed operator Silver Heritage Group has reportedly laid off about 400 staff at its Tiger Palace Bhairahawa in Nepal, according to a report...
In recent years two companies, Donaco International and Silver Heritage, listed on the Australian Securities Exchange with the high ambition to crack the Asian casino market. However, as the new decade begins, both of these firms face deep crises. To what extent did they fail in the face of common challenges?