IHG Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with Nepal based Shangri-La Hotel & Resort Group to develop four new hotels in – InterContinental Kathmandu Lazimpat, Hotel Indigo Pokhara Gharipatan, InterContinental Resort Pokhara Begnas Lake, and InterContinental Resort Chitwan, Meghauli. The signing will see IHG add close to 500 rooms to its portfolio in Nepal, and debut two of its global brands, InterContinental and Hotel Indigo in the market.
With this signing, IHG has strengthened its footprint across the South-West Asia region, specifically in luxury & lifestyle segment. Currently under construction, the new hotels are scheduled to open in the next 1-4 years in the most sought-after leisure destinations of Nepal – Kathmandu, Pokhara and Chitwan.
Commenting on the signings, Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts said, “We are delighted to introduce two of our leading brands from the luxury and lifestyle portfolio, InterContinental Hotels & Resorts and Hotel Indigo, to Nepal. The signing of four new hotels in partnership with the esteemed and well- known Shangri-La Hotel & Resort Group of Nepal is testament to the trust and love for our brands from our owners as well as guests, and we are proud to grow our footprint in the South-West Asia region to bring our offering to new markets. The strategic location of all four hotels in different key tourism destinations of Nepal provide us with a great opportunity to offer world-class hospitality and cater to the demands of our guests.
He added, “InterContinental and Hotel Indigo have seen phenomenal success across key markets in the wider EMEAA region and we are pleased to have these brands at the forefront of Nepal’s flourishing hospitality industry. We are confident that our brands will provide world-class hospitality experiences to guests, and also that we will be the preferred choice for our owners who are looking to build their portfolio in the luxury and lifestyle category.”
Prasidha B. Panday, Chairman, Shangri-La Hotel & Resort Group, added, “We are pleased to partner with IHG Hotels & Resorts for the debut of the two renowned brands, InterContinental Hotels & Resorts and Hotel Indigo, in Nepal. We are confident that our partnership with IHG to open four new hotels will help us offer world-class hospitality to guests, at a time when travel to Nepal has increased exponentially. All new hotels will be located in top tourism hubs, and we expect to benefit from the strength and scale of IHG’s global systems, technology and a strong loyalty programme”.