India’s luxury hospitality chain Leela Hotels (Hotel Leelaventure) has announced the opening in Nepal of its first luxury property outside India. The new hotel will be developed by Nepal-based Summit Group in the heart of Kathmandu in 36 months. Leela Hotels will operate the hotel under a long term third party management agreement.
The MoU was signed in the presence of Nepal Prime Minister Sushil Koirala, a statement by Leelaventure said. Hotel Leelaventure Chairman and Managing Director Vivek Nair said, “We are delighted to begin our foray into the international markets with Kathmandu. Given the potential of tourism worldwide, we look forward to expanding our footprint in India and overseas.”
“The entry of the Leela Group in Nepal would dramatically raise standards and help stimulate tourism,” Summit Group Chairman and Managing Director Amrit Shakya said.
Leela Kathmandu will be followed by a hotel in Lumbini as part of the Leela Group’s plans to pave a Buddhist trail from Nepal to Bodhgaya, Nalanda, and Varanasi in India.
Leela Palaces, Hotels and Resorts owns and manages eight properties across India – Mumbai, New Delhi, Gurgaon, Bangalore, Chennai, Goa, Udaipur and Kovalam.
The new properties under development of the Leelaventure include Jaipur, Bengaluru, Agra, Lake Ashtamudi in Kerala and Lucknow.
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