Reported Earlier: 'Ritz-Carlton's Nepal entry signals possible oversupply of high-end hotels' - Nikkei Asia
https://asia.nikkei.com/business/travel-leisure/ritz-carlton-s-nepal-entry-signals-possible-oversupply-of-high-end-hotels
Marriott is opening fancy Ritz-Carlton hotels in Nepal, but some people worry there might be too many luxury hotels being built right now. When lots of similar businesses open in one place, they have to compete harder for customers, which can make it tougher to make good profits.
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