Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jul, 18 2019

Nepal emerges as a profitable destination for hoteliers

Strong domestic and foreign tourist growth has boosted Nepal’s hospitality industry, inspiring hotels and lodges to go on an expansion spree.

Nepal emerges as a profitable destination for hoteliers

The world's largest hotel brand chains have been expanding in Nepal, reflecting increased investor confidence in the hospitality sector. Strong domestic and foreign tourist growth has boosted Nepal’s hospitality industry, inspiring international hotels and lodges to go on an expansion spree.

Recently, The Fern Hotels & Resorts, India's leading environmentally sensitive hotel chain, has expanded its network in Nepal by launching its second property in the country, under The Fern Residency Brand. The Fern Residency, Bharatpur is a 48 keys hotel providing contemporary accommodations, a multi-cuisine restaurant, rooftop poolside bar offering pan Asian food, state-of-art banquet halls and a swimming pool.

Suhail Kannampilly, CEO of The Fern Hotels & Resorts, said, “It is a moment of great satisfaction and pride for us. Our Fern brand has been well received in Kathmandu and that has given us the confidence to open the second property. The property will operate as an eco-sensitive hotel, offering guests a central location at great value, for their corporate and leisure stays.”  

Similarly, Aloft Hotels, a part of Marriott International recently, has announced the introduction of its first hotel in Nepal, Aloft Kathmandu Thamel. The hotel will be managed by India’s most trusted hospitality management company, Shanti Hospitality Management Services (SHMS).

Scheduled to launch in the next month, the hotel will have 167 keys and one full-fledged fine-dining restaurant along with a 24*7 all-day dining restaurant.

Aloft Hotels is catering to today’s modern traveler who craves the jet-setting style and a vibrant social scene at an affordable price. Urban-inspired design, accessible technology and innovative programming centering on music and F&B make Aloft unique to the traditional hotel landscape.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: The Louis Unisex Salon is an exclusive Global Circle..
    Locations looking for expansion Uttar pradesh
    Establishment year 1990
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bishrakh Uttar pradesh
  • Quick Service Restaurants
    About Us: Ghungroo seth Vada Pav Co. - a growing venture..
    Locations looking for expansion rajasthan
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater jaipur rajasthan
  • About Us: Founded in the year 2001-2002, ITEM Secure Pvt. Ltd...
    Locations looking for expansion Maharashtra
    Establishment year 2008
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Others Food Service
    About Us: Reasons to Franchise : Popular tea spot in the prime..
    Locations looking for expansion Delhi
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size
    Space required 150
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater Delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities