Welcome to The Doers Nepal Podcast- Nepal's No.1 Business Podcast, where we bring you inspiring conversations with individuals making a significant impact in their respective fields.
Santosh Neupane is the CEO of Siddhartha Hospitality. With 25 years of experience, Siddhartha Business Group of Hospitality (SBGH) is one of Nepal's leading hospitality chains.
Founded in 1998 by Mr. Laxman Neupane, SBGH began as a modest fast-food cafe in Tikapur. It has expanded to include hotels, cafes, bakeries, a training institute, and a hospitality trade center, with ongoing projects in luxury hotels and resorts. In this podcast, we discussed Santosh’s journey in the hospitality industry, managing a company with over 500 Crores of investment, the Nepalese scenario, and much more.
Get Inspired, Be a Doer.
Host: Anup Ghimire
Anup's LinkedIn: https://www.linkedin.com/in/anup-ghimire-9366aa5a/
Guest: Santosh Neupane
Guest's LinkedIn: https://www.linkedin.com/in/santosh-neupaneb444a4/
Listen on Audio Platform: https://thedoersnepal.podbean.com/e/the-nepalese-hospitality-chain-with-600-crores-investment-santosh-neupane-ep-214/?token=bc8f4fc70a4952ad0c30d17a1c4395ad
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Production Partner: Viewfinders Production
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Timestamps
00:00 Highlights
01:41 Welcome Santosh Ji
02:50 Business of Siddhartha Hospitality
04:08 Verticals of Siddhartha Group
09:05 Staff Investment in Siddhartha Group
11:22 Brands Within Siddhartha Hospitality
14:15 Segregation of Hotels and Restaurants Within Siddhartha Hospitality
18:00 What occupies Santosh Ji's time as the CEO?
20:20 Hotel Management/Consulting Service of Siddhartha Group
23:30 Understanding Brands Within Siddhartha
25:45 Why Everyone Wants to Own a Restaurant or Hotel?
27:56 Is Hotel Business a Real Estate Business?
31:30 Generational Nature of Hotel Business
34:05 Pressure For Children of Business Family and Santosh's Journey Back to Hospitality
47:30 Santosh on Returning from Australia and Embracing Family Business
54:00 Santosh Advice on Coming Back to Nepal for the Diaspora
56:50 LinkedIn for Community of Entrepreneurship
59:30 Potential and Problems of Tourism in Nepal: Destination Branding
1:05:51 Limit Hotels in Nepal?
1:08:05 Nepal is Exporting Manpower: The HR Problem of Nepal
1:13:15 The Pessimistic Narrative in Nepal
1:21:30 Changing The Narrative
1:24:30 How to stop the brain drain? Control Mechanism
1:28:00 Openings in Siddhartha Group and Companies of Nepal
1:29:35 Positivity in Siddhartha Group
1:33:10 Revenue Size, Investment, and Pricing of Siddhartha Hospitality
1:36:20 IT Venture of Siddhartha Group
1:39:20 Changes in Digital Branding and Content Strategy
1:40:50 How Important is Domestic Tourism?
1:44:12 Learnings From the Pandemic
1:50:00 How Accidents Affect Tourism in Nepal
1:53:30 Takeaways and Opportunities in Nepal
1:58:30 Outro and Final Thoughts