Silver Heritage rolls out red carpet in Nepal hotel

Australian-listed casino operator Silver Heritage Group Limited has finally shown a glimpse of its Tiger Palace Resort Bhairahawa to the public with the soft opening of its hotel.

Silver Heritage told the Australian Stock Exchange that Tiger Palace has finally welcomed its first paying hotel guests on Wednesday, signaling that the construction of the integrated resort, which has seen several delays, is nearing its completion.

“The company is pleased to confirm that the development of Tiger Palace continues ahead of schedule and within the revised budgeted cost of US$51.8 million,” Silver Heritage said in a regulatory filing. “The first paying hotel guests are booked in for today, 20 September 2017.”

Before the soft opening, Silver Heritage co-founders Mike Bolsover and Tim Shepherd stayed in the hotel as guests on September 11 in order to observe construction defects and the dry run of the hotel operations prior to the soft opening.