1966
Hotel Inauguration
Soaltee Hotel debuts as a luxury establishment with 104 rooms, marking the beginning of a legacy in Nepali hospitality.
1969
Oberoi Partnership
Soaltee Hotel incorporated as a Private Limited Company with Oberoi Hotels Private Limited investment. The hotel was rebranded as Hotel Soaltee Oberoi, marking Oberoi Hotels' first international venture outside India.
1975
Public Limited Company & Airline Catering
The company transformed into a Public Limited Company, receiving investments from Nepal Industrial Development Corporation (NIDC), International Finance Corporation (IFC), Oberoi Hotels Private Limited, Nepal Airlines Corporation (NAC), and company promoters. During this period, the company also launched its airline catering services, which now operates as LSG Sky Chefs.
1978
IFC Investment
Soaltee Hotel Limited achieved a significant milestone as the first Nepali company to secure financing from International Finance Corporation (IFC). The partnership deepened with IFC acquiring a 14% equity stake, representing their first investment in Nepal's private sector.
1981
Expansion
The hotel underwent major expansion with the completion of the new Himalayan Wing, adding 180 guestrooms and bringing the total room capacity to 282.
1987
SAARC Summit
Hotel Soaltee Oberoi hosted the delegates of the third SAARC Summit in Kathmandu, a prestigious moment as Nepal's first time hosting the summit.
1993
Stock Exchange Listing
The company pioneered as the first hotel in Nepal to list its shares on the Nepal Stock Exchange Limited (NEPSE) under the code "SHL". This milestone, accompanied by NIDC's divestment through public offering, opened doors for public participation in the company's growth journey.
1994
IHG Partnership
A new chapter began as the hotel was renamed Soaltee Holiday Inn Crowne Plaza Kathmandu, following management takeover by Holiday Inns (China) Limited, a subsidiary of InterContinental Hotels Group (IHG).
1996
Joint Venture
HI Soaltee Hotel Company Private Limited was established as a subsidiary through a joint venture with Holiday Inns Investment (Nepal) Limited, Hong Kong, a subsidiary of InterContinental Hotels Group (IHG).
1998
Infrastructure Enhancement
The hotel rebranded as Soaltee Crowne Plaza and expanded its facilities with a spacious 6,270 square feet conference hall and a separate casino complex.
2001
Ownership Changes
IFC completed its divestment of equity in Soaltee Hotel, with shares acquired by Holiday Inns Investment (Nepal) Limited, Hong Kong, a subsidiary of InterContinental Hotels Group (IHG).
2011
Domestic Ownership
Oberoi Hotels Private Limited sold its entire stake in Soaltee Crowne Plaza to Sibkrim Land and Industrial Company Private Limited, a company of NE Group, strengthening domestic ownership.
2014
Strategic Growth
Soaltee Hospitality Limited was incorporated as a fully owned subsidiary of Soaltee Hotel Limited, with the vision to invest and operate hotels throughout the country.
2016
Golden Jubilee
On November 25th, Soaltee Hotel Limited celebrated its Golden Jubilee, marking 50 years of excellence in hospitality services.
2021
Independent Brand
On May 15th, the hotel embraced its identity as a homegrown Nepali brand, rebranding as The Soaltee Kathmandu upon completion of its contract with InterContinental Hotels Group (IHG).
2022
Brand Expansion
Soaltee started its expansion of brands under the current management, with hotels and resorts under the brand The Soaltee Hotels and Resorts in different parts of Nepal and vision to expand beyond the country.