Gen Z unrest in Nepal causes huge loss to THIS industry, here’s what we know
The gene protests triggered by a government ban on social media platforms turned into an anti -corruption movement when police started a brutal pressure on demonstrators. The protests led to the post of PM Oli, who offered his resignation under intense pressure. Continue reading to know more.
At least 51 people were killed in Nepal and hundreds were injured.
In fiery protests that captured Nepal, the Prime Minister KP Sharma filled the Oli government and burned the parliament. Anger was visibly directed to the elite of the country, as many symbols of reserve and privilege have been set on fire, including five -star hotels and luxury housing buildings. The most remarkable goals were Hilton Kathmandu and Hyatt Regency Hotels. In fact, the mixture caused billions of nepal rupees to the hotel industry of his country’s hotel industry.
How much lost Nepal’s hotel industry?
Nepal’s hotel industry, which is an important income generator for the country’s economy, which is largely dependent on tourism, has lost more than 25 billion Nepal Rupi. According to media reports, approximately two dozen large hotels across the country were destroyed, looted or burned during anti -government protests. According to a statement from the Hotel Association Nepal, Hilton Hotel in Kathmandu was among the worst affected by reporting damage to 8 billion Nepal rupees. Hilton, a five -star glass tower opened last year, was burned as the pictures of the hotel became viral.
Why did protests explode in Nepal?
The gene protests triggered by a government ban on social media platforms turned into an anti -corruption movement when police started a brutal pressure on demonstrators. The protests led to the post of PM Oli, who resigned under intense pressure. Nepal’s former Chief Justice Sushila Carki swore as a Careetake Prime Minister and will rule the country until the next elections were held. Since the monarchy was removed in 2008, at least 51 people were killed and hundreds of injured in Nepal, pointing to the worst violence of the country.
