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Soaltee Hotel founder Prabhakar Rana no more

File: Prabhakar Rana

Kathmandu, May 31

Prabhakar Rana, a well known businessperson of Nepal, is no more. The 84-year-old man died of neurological ailments in the United States on Thursday.

He was in the US in the course of treatment.

Rana is the founder of Soaltee Hotel, one of the biggest hotels of the country. He is considered a first generation pioneer of Nepal’s tourism industry.

Likewise, he also founded Sipradi Trading and Surya Nepal. His only son Siddhartha Rana has taken over the companies currently.

Rana had also partnered with former King Gyanendra Shah in some businesses.

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