IHG Hotels & Resorts signs a management agreement with Swornim Hotel Pokhara Private Limited to develop a new Holiday Inn Express hotel – Holiday Inn Express Pokhra Lakeside, in Nepal.
The new-build hotel will feature 110 keys and will be operational by the first quarter of 2025. IHG currently has four hotels under development across the Holiday Inn brand family in Nepal and this latest signing will further strengthen the company’s mainstream portfolio in the tourism capital of the country.
Commenting on the development of the new hotel, Sudeep Jain, Managing Director, South West Asia, IHG said, “We are delighted to partner with Swornim Hotel Pokhara Private Limited for our new hotel In Nepal. This signing presents a great business opportunity for us as Pokhara has emerged as an attractive travel destination and also creates a wider distribution across Nepal by offering quality hospitality options in key cities. We also believe that the upcoming international airport in Pokhara will allow for increased inbound tourism, further elevating the demand for quality accommodation.”
He further added, “This signing is in line with our strategy to grow our ‘essentials collection’, in SWA, consisting of the Holiday Inn brand family, and offering an ‘always there, always just what you need’ proposition. These brands have seen phenomenal success across key markets in the region and have become a preferred choice for many of our owners looking to build their portfolio in the mainstream category and guests looking for quality branded accommodation.”
Surya Prasad Shrestha, Chairman, Swornim Hotel Pokhara Private Limited, added, “We are thrilled to be working with a trusted hospitality player like IHG once again to expand our hospitality portfolio in Nepal. The hotel’s offerings and location will allow for a great experience for both leisure and corporate guests. Additionally, Holiday Inn Express is a strong and well-recognized hospitality brand name globally and we have complete confidence in its success in Nepal, powered by IHG’s experience and expertise in the region, This is our second brand signing and we look forward to many more.”
Located close to the city’s main tourist hub, ‘Lakeside’ and with proximity to commercial establishments, the hotel will provide ample opportunities to both leisure and corporate travellers for exploration. Additionally, Holiday Inn Express Pokhara Lakeside will be located at a distance of 6 km from the upcoming International Airport of Pokhara and 2.5 km distance from the domestic airport. The hotel will be situated in close proximity to multiple dining and shopping options and will also provide easy access to adventure sports and other tourist attractions.
Holiday Inn Express Pokhara Lakeside will feature well-designed, fully equipped guest rooms with higher floors offering a scenic view of the lake and Annapurna mountain range. Furthermore, the hotel will offer a ‘Great Room’, a bar and a lounge for guests to relax and unwind. Other amenities will include a fitness room, two meeting rooms and signature amenities reflecting the brand’s promise of providing a comfortable and efficient stay to the guests.