CG Hotels and Resorts, the hospitality division of Nepal’s only billionaire Binod Chaudhary, plans to expand across the GCC, with the construction of its latest hotel in Dubai underway.
The 200-key luxury hotel is being built in Jumeirah Lake Towers, which is a part of a strategic expansion across the Middle East and Africa, the company said in a statement.
CG Hotels and Resorts said it has identified key markets such as Muscat, Abu Dhabi, Dubai, Doha, Saudi Arabia and Iran in Middle East as well as Kigali, Nairobi, Dar E Salaam, Kampala, Burundi and Mozambique in Africa.
It plans to more than double its number of hotels to 200 by 2020, the statement added.
Rahul Chaudhary, director of CG Hotels and Resorts, said the company currently comprise a total of 4,411 keys, 79 hotels in 59 destinations across 12 countries including its own Zinc & Fern branded hotels and resorts.
Under its management company arm, Concept Hospitality and Alila, the group manages over 40 hotels and another 35 projects in the pipeline within India.
