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Investment climate in Nepal's hotel sector: Analysis of risks, returns and promising "blind spots" for the construction of new hotels and glampings in 2025-2027
Nepal’s tourism industry has shown an impressive recovery from the global downturn caused by the COVID-19 pandemic. The country welcomed 1.147 million international tourists in 2024, which is 96% of the pre-pandemic level and 13.1% higher than 2023. These figures not only demonstrate the return of traveller confidence but also the effectiveness of measures taken to stimulate this key economic sector. Tourism has traditionally been Nepal’s largest industry and a major source of foreign exchange earnings and makes a significant contribution to the country's gross domestic product, bringing in about US$471 million per year to the economy. The share of inbound tourism in GDP is estimated at approximately 8%4, although the industry's overall contribution declined somewhat during the pandemic, it is now actively recovering.
The importance of tourism for the socio-economic development of Nepal cannot be overstated. The industry is seen by the government as an important tool for reducing poverty and achieving greater social equality among the population. The hotel sector, in particular, is the second largest source of foreign exchange and is estimated to have created about a million jobs across the country. This underlines its role not only as an economic driver, but also as an important factor in social stability.
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By Alpha Business MediaNepal’s tourism industry has shown an impressive recovery from the global downturn caused by the COVID-19 pandemic. The country welcomed 1.147 million international tourists in 2024, which is 96% of the pre-pandemic level and 13.1% higher than 2023. These figures not only demonstrate the return of traveller confidence but also the effectiveness of measures taken to stimulate this key economic sector. Tourism has traditionally been Nepal’s largest industry and a major source of foreign exchange earnings and makes a significant contribution to the country's gross domestic product, bringing in about US$471 million per year to the economy. The share of inbound tourism in GDP is estimated at approximately 8%4, although the industry's overall contribution declined somewhat during the pandemic, it is now actively recovering.
The importance of tourism for the socio-economic development of Nepal cannot be overstated. The industry is seen by the government as an important tool for reducing poverty and achieving greater social equality among the population. The hotel sector, in particular, is the second largest source of foreign exchange and is estimated to have created about a million jobs across the country. This underlines its role not only as an economic driver, but also as an important factor in social stability.