The Hyatt Regency Kathmandu in Boudha has reached an agreement with employee representatives to pay staff the government-mandated minimum basic salary while the hotel undergoes reconstruction. The property has been closed since the September 9 Gen Z protest incident, which caused severe vandalism, arson and looting. Management expects repairs to take at least one year. Under the deal, the hotel will provide minimum wages and contribute to the Social Security Fund during closure. Employees who accept the terms will be rehired once the hotel reopens, while those who decline will face redundancy procedures.
