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.