Shangri-La Hotel was recognised as one of the Top Ten Tourist Service Fee (TSF) contributor for the fiscal year 2002-03 by the NTB. Prabin Bahadur Panday, executive director of Shangri-La Hotel received the award on 30 December 2003. Shangri-La Group, Nepal's only boutique hotel, has been among the higher tax and tourism service fee contributors in the past year.