Dusit International continues global expansion with new Dusit Princess hotel in central Kathmandu, Nepal

Real Estate Press Releases Wednesday September 25, 2019 10:26
Bangkok--25 Sep--Dusit International
Dusit Princess Kathmandu, Nepal is slated to open in Q3 2020.

Dusit International, one of Thailand's leading hotel and property development companies, has signed an agreement with Hotel Lhasa International Pvt. Ltd. to develop and operate Dusit Princess Kathmandu, Nepal – the second Dusit-branded hotel set to open in Nepal – in Q3 2020.

Operating under Dusit's upper-midscale Dusit Princess brand, the new hotel will comprise 108 well-appointed guest rooms in a prime location in the capital's vibrant Lazimpat neighbourhood. The area is home to various international institutions and is just a short walk from the bustling eateries and shops of Thamel.

Tribhuvan International Airport and major cultural attractions such as Kathmandu Durbar Square, Boudhanath Stupa, and Swayambhunath Stupa can be reached in 20 minutes by car.

Designed to meet the needs of business and leisure travellers alike, hotel facilities will include an outdoor swimming pool and pool bar, a rooftop lounge-bar, a fully equipped fitness centre, a spa, and meeting facilities. An all-day dining restaurant will serve daily buffet breakfast plus a variety of international and local cuisines.

In keeping with the Dusit Princess brand, each room will feature high-quality beds, a cosy bathroom, modern amenities, and a contemporary design reflecting local style and culture to provide high levels of comfort and convenience.

"We are delighted to partner with Hotel Lhasa International Pvt. Ltd. to bring our unique brand of Thai-inspired gracious hospitality to Kathmandu for the first time," said Mr Lim Boon Kwee, Chief Operating Officer, Dusit International. "Surrounded by popular cultural attractions, centuries-old religious sites, several embassies and major businesses, Dusit Princess Kathmandu is perfectly positioned to link guests with everything this fascinating city has to offer. We now look forward to delivering a hotel experience that delights on all fronts while providing sustainable value to all our stakeholders."

Mr Dorje Gyaltsen Lama, Managing Director, Hotel Lhasa International Pvt. Ltd., said, "Nepal welcomed more than 1.1 million tourists in 2018 – up 25% YOY – and the country's tourism industry just keeps going from strength to strength. To capture this fast-growing market, we were determined to find a distinctive partner with international experience, a track record for excellence, and a commitment to having a positive local impact. We are delighted Dusit is that partner, and we look forward to a long and prosperous relationship together."

Dusit International's property portfolio now comprises 271 properties (nine owned and 262 managed) operating under six brands across 13 countries. The company has more than 50-Dusit branded hotels in the pipeline and expects to open at least 10-12 hotels per year in key destinations from 2020 onwards.

Dusit Princess Kathmandu, Nepal is the second property Dusit International has signed to operate in Nepal. Dusit Thani Himalayan Resort & Spa, a luxury mountaintop resort in Nepal's central region, is slated to open in Q1 2021 under a hotel management agreement.


Latest Press Release

Generalist and international investors to drive 2020 global hotel investment volume

Investor sentiment for hotel product remains cautiously optimistic, as investors navigate international, political and economic dynamics in addition to the recent coronavirus outbreak in China. According to JLL Hotels & Hospitality's annual Hotel...

RISC by MQDC Joins Public-Private Collaboration to Build a Neighborhood to Fight Toxic PM2.5 with Fresh One Electrostatic Urban Air Purifier in Heart of Bangkok

Research & Innovation for Sustainability Center (RISC) by Magnolia Quality Development Corporation Limited (MQDC), focusing on its key mission of "For All Well-Being" to enhance life for all living beings, following the launch of the "Fahsai" hybrid...

Herman Miller Introduces Atlas Office Landscape, Bringing Imagination and Intelligence to Space Planning

CHANINTR, a leading retailer of luxury home and office furnishing and the authorized distributor of Herman Miller in Thailand, is proud to launch 'Atlas Office Landscape' a new height-adjustable work system designed by Tim Wallace. Herman Miller's long...

Embassy Office Parks REIT Announces Third Quarter FY 2019-20 Results and Quarterly Distributions of Rs. 4,707 million

- Quarter marked by strong leasing, delivery of under-construction blocks ahead of schedule and completion of first acquisition since listing Embassy Office Parks REIT (NSE: EMBASSY) (BSE: 542602) ('Embassy REIT'), India's first listed REIT and the...

MQDCs Whizdom Club in Delhi wins national co-working award, acclaiming Bangkok-based developers debut project in India

MQDC's Whizdom Club in Delhi won the 'Co-Working Amenities of the Year' award at India's national Realty+ Co-working Summit & Awards 2020 with its innovative 'Inspiration Hub' concept, integrating co-working facilities with spaces to learn, network,...

Related Topics