With eight of the ten tallest mountains in the world, Nepal is a must-see destination for mountaineers, climbers and adventurers. IHG Hotels & Resorts, one of the world’s leading hotel companies, has signed a management agreement with DMR APA joint venture to develop a new hotel – Holiday Inn Express and Suites Kathmandu Rabi Bhawan in Nepal.
The 100 Keys Hotel is slated to open by the first quarter of 2024. Holiday Inn Express, Nepal will offer modern rooms, equipped with all the essentials for an unforgettable stay. The hotel will also have a “large room”, a bar and a lounge to recharge your batteries and relax. Other facilities will include a gym, meeting rooms and branded equipment to reflect the brand’s promise of a comfortable and enjoyable experience.
Commenting on the new development, Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts, said, “We are delighted to further expand our presence in Nepal with the signing of our new hotel in Kathmandu. Nepal is a must see tourist destination in the region with increasing popularity among travelers with different needs. With the renovation of the airport and the rapid development of branded hotels, Kathmandu is expected to become a global tourist destination and the country’s tourism sector will therefore experience healthy growth in the years to come. We therefore see a significant growth opportunity in the country. The new signing is also in line with our strategy to grow our “collection of essential items” in key SWA markets. “
He added, “India is the biggest source market for Kathmandu, where IHG has a strong and growing presence. Additionally, the fastest growing source market for the country is China, where IHG is the largest international player. In both markets, the Holiday Inn Express brand has a good presence and recall, which will benefit our growing brand portfolio in Nepal. “
Chiranjibi Thapa, Chairman of DMR APA Joint Venture, added, “We are delighted to partner with an internationally renowned and trusted hotel brand like IHG for our very first hotel business. In addition, Holiday Inn Express is a well-established brand globally and has a solid base of loyal customers in all markets. The brand is also ideal for a city like Kathmandu with many travelers looking for simple and smart stays. With an excellent location, IHG’s impressive experience and expertise in the region, we are confident that Holiday Inn Express and Suites Kathmandu Rabi Bhawan will become a hotel of choice for travelers visiting Nepal.
With the signing of Holiday Inn Express and Suites Kathmandu Rabi Bhawan, IHG will have six hotels in the pipeline across the country, across its mainstream brands – Holiday Inn and Holiday Inn Express, and will be well positioned in the years to come to meet the needs of requirements of travelers visiting the destination.