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Star hotels raise banquet prices

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KATHMANDU, July 13: Five star hotels in Kathmandu Valley have raise banquet prices by as much as 50 percent. Compared to past few years, they have raised prices by 30 to 50 percent this year.



Hotels say they had to raise prices due to rise in prices of food, oil, vegetables and spices in the market as well as rise in salary and allowance of their staffers. Interestingly, most of the star hotels fix prices after comparing prices fixed by other hotels. [break]



Raju Bikram Shah, senior general manager of Hotel Shangri-La at Lazimpat, said the hotel had increased banquet price by 40 percent due to rise in prices of commodities in the market.



The hotel at present is serving dinner at Rs 1,200 per plate (excluding VAT and service charge) per plate. The price was just Rs 850 per plate a year before.



"The price a bit expensive because of hygienic food and quality service that we provide," Shah said, adding, "The price would have been cheaper had we been a banquet hall."



Shangri-La has the capacity to serve as much as 1,800 persons at a time. The dinner includes Indian, Chinese as well as continental food and also live cooking and live pasta counters. For cocktail party of about 80 persons, the hotel charges Rs 850 per person (excluding taxes).



The hotel also provides catering service if there is a demand. It has been charging $7 per person for breakfast, $16 for lunch and $18-20 for dinner for guests staying in the hotel.



Another five-star hotel in the town, Hotel Yak & Yeti has been serving dinner for parties in the range of Rs 1,050 to Rs 1,350 (excluding taxes) per person. The hotel has increased the price for its ´Standard Banquet Dinner´ by 20 percent as compared to the last year´s price.



"Our dinner includes five different snacks, different varieties of meat and other food," said Prahlad Raj Kunwar, general manager of the hotel. Kunwar further added that Hotel Yak & Yeti is popular for banquets due to its central location, capacity to serve about 1,000 persons at a time and excellent parking arrangements.



The hotel boasts of the largest banquet hall in the Valley.



The hotel charges Rs 800 for breakfast, Rs 1,000 for lunch and Rs 1,050 for dinner for its residential guests. Kunwar further informed that the hotel had even sold dinner at Rs 5,000 per plate.



Radisson Hotel has also raised its banquet prices by 50 percent. "We have raised the prices to Rs 1,200 per plate (excluding taxes) from Rs 800 of last year," said Kabir Jung Gurung, food and beverage manager at the hotel. Gurung, however, added that price depends on the menu.



The hotel is capable of serving about 1,000 persons at a time. It serves breakfast for Rs 500 and lunch and dinner for Rs 1,000 per person for its residential guests.



Another popular five-star hotel - Soaltee Crowne Plaza - has been providing banquet service at Rs 1,400 to Rs 1,500 per plate. Sources at the hotel say such dinner is served at VIP parties. "We charge Rs 1,200 per person for cocktail dinner," the source said, adding, "We have served dinner for Rs 2,200 to Rs 2,800 per plate depending on the menu."



The hotel serves breakfast at $12, lunch at $14 and dinner at $18 for residential guests. The banquet hall of the hotel is already booked for the coming three months.



Hotel de l´ Annapurna at Durbar Marg has also raised its banquet price from Rs 900 to Rs 1,200 per plate (excluding taxes). "We raise banquet prices as the prices of edible commodities and other raw materials have skyrocketed in recent years," said Dorjee Sherpa, general manager of the hotel, said.



The hotel offers breakfast, lunch and dinner package at Rs 8,000 per person for its residential guests.



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