Dusit International is exploring opportunities to expand further into Nepal. The Thai hotel and property development group has signed a strategic partnership agreement with Paljor Global Corp Pvt. Ltd., the Nepalese investment firm and luxury carpet manufacturer, to launch Dusit’s hotels in Nepal and across South Asia.
Building on their collaboration at Dusit Princess Kathmandu — owned by Paljor Global Corp and managed by Dusit — the partnership will leverage Paljor Global’s presence in the South Asian market to identify and secure hotel projects for management by Dusit Hotels and Resorts, establish distribution channels for Dusit Foods and partner on hospitality education initiatives through Dusit Hospitality Education.
Besides Dusit Princess Kathmandu, Dusit also operates the luxury Dusit Thani Himalayan Resort Dhulikhel in the country. Both the hotels opened in July 2023.
This partnership underscores Dusit’s commitment to South Asia and its ability to leverage strong local partnerships to boost growth and innovation in the hospitality industry, Dusit said in a release.
“By joining forces with a trusted partner like Paljor Global Corp, we are confident in our ability to deliver exceptional hospitality experiences that resonate with the local market and contribute to the region’s economic development,” said Dusit COO Gilles Cretallaz.
Paljor Global will seek opportunities for Dusit’s brand lineup, which includes Dusit Thani (luxury), dusitD2 (lifestyle/midscale), Dusit Princess (midscale), Dusit Suites (upscale/long stay) and ASAI Hotels (affordable lifestyle), as well as the recently launched brands Devarana – Dusit Retreats (wellness luxury) and Dusit Collection (bespoke luxury).
Beyond Nepal, Paljor Global will explore hotel projects in other countries, including Bangladesh, Myanmar, Sri Lanka, Tibet, Bhutan and northeast India, where Dusit has either yet to establish a presence or is in the early stages of expansion.
In the hospitality sector, Paljor Global also owns Hotel Tibet Pvt. Ltd., Hotel Tibet International Pvt. Ltd. and Yakety Yak Hostel, Kathmandu.
Paljor Global will also be teaming up with Dusit’s hospitality education institutions — Dusit Thani College, which offers a competency-based curriculum rooted in industry-driven learning and The Food School, Thailand’s first multinational culinary school — to create a vocational education program.
The two companies will also look for opportunities for Dusit Gastro, a subsidiary of Dusit Foods that sources premium ingredients from small-scale farms in Thailand and produces ready-to-cook products and frozen items, to bring its products to Nepal’s hotel, restaurant, café and catering industry.
Thailand welcomes a sizeable number of Nepalese tourists every year. Leveraging this opportunity, Paljor Global will also create travel packages that include stays at Dusit’s properties.
“By exploring opportunities for Dusi’s hospitality, education, and culinary offerings, we aim to not only enhance the lives of guests, students and communities, but also set new benchmarks for service and sustainability in Nepal and the region. This collaboration reinforces our commitment to creating meaningful experiences that uplift lives and inspire future generations,” said Dorje Gyalsten Lama, chairman, Paljor Global.