Hospitality associations of Nepal and Bangladesh sign landmark MoU to boost tourism

KATHMANDU: In a significant stride towards fostering tourism and capitalizing on investment opportunities in the hospitality sector, the Hotel Association Nepal (HAN) and the Bangladesh International Hotel Association (BIHA) have come together to sign a Memorandum of Understanding (MoU) on Wednesday.

This landmark agreement, valid for a duration of six years, was sealed by Binayak Shah, the President of HAN, and Hakim Ali, the President of BIHA, on behalf of their respective organizations.

The signing ceremony took place at a prominent city hotel in Dhaka, reflecting the commitment of both associations to enhancing collaboration and achieving shared objectives.

The primary focus of the MoU is to establish a robust framework for the exchange of vital information pertaining to the developments and trends in the hotel, hospitality, and tourism sectors.

By fostering a culture of collaboration, HAN and BIHA aim to elevate the quality of services offered by hotels and resorts while promoting the overall growth and sustainability of tourism in their respective regions.

A key provision of the MoU involves facilitating interactions between potential investors and hoteliers through their respective hotel associations. Leveraging the extensive networks and expertise of HAN and BIHA, the agreement aims to create an environment conducive to tourism promotion and the exploration of investment opportunities within the hospitality industry.

Through joint efforts, these associations aim to unlock the full potential of the tourism and hotel sectors, driving economic growth and generating employment opportunities in both Nepal and Bangladesh.

The signing of this MoU signifies a significant milestone in the bilateral relationship between HAN and BIHA, paving the way for enhanced cooperation and mutual support across various areas of common interest.

The six-year duration of the agreement underlines the long-term commitment of both organizations towards nurturing this collaborative partnership and working together to achieve shared goals in the tourism sector.

Both HAN and BIHA recognize the immense potential for growth and prosperity within the hotel and tourism sectors. Nepal, renowned for its breathtaking landscapes and rich cultural heritage, has experienced a steady increase in international tourist arrivals in recent years.

Similarly, Bangladesh, with its vibrant cultural tapestry and historical attractions, holds great appeal for visitors seeking unique experiences. By leveraging their respective strengths and expertise, HAN and BIHA aim to unlock the full potential of these sectors while promoting sustainable tourism practices and responsible hospitality.

The MoU serves as a platform for continuous knowledge exchange, allowing both associations to remain updated on the latest industry developments. By staying informed about emerging trends, technological advancements, and best practices, HAN and BIHA can provide guidance to their member hotels and establishments, enabling them to remain competitive and deliver exceptional experiences to their guests.

According to HAN president Shah, this collaboration opens up avenues for joint initiatives and partnerships. HAN and BIHA can organize joint events, conferences, and workshops to facilitate networking opportunities and foster knowledge sharing among industry professionals. By pooling resources and expertise, these associations can create an environment that encourages innovation, learning, and growth within the hospitality sector.

“The signing of the MoU between HAN and BIHA represents a significant milestone in the promotion of tourism and exploration of investment opportunities within the hospitality sectors of Nepal and Bangladesh.” said Shah, adding, “Through the exchange of information and the encouragement of investor-hotelier interactions, HAN and BIHA are poised to drive the growth and development of the hotel and tourism industries in their respective countries. This partnership holds the promise of a prosperous future for both associations and the wider hospitality industry, creating a positive impact on local economies and establishing the regions as thriving tourist destinations.”

Fiscal Nepal |
Thursday June 22, 2023, 10:21:07 AM |

Leave a Reply

Your email address will not be published. Required fields are marked *