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CG Hospitality joins IHCL to open Taj Jumeirah Lakes Towers in Dubai

As per the agreement, IHCL will manage and operate the property, CG Hospitality said

IHCL | Taj | Tata sons IHCL

Press Trust of India  |  New Delhi 

Taj Jumeirah Lake Towers
Taj Jumeirah Lake Towers

Nepal-based CG Hospitality said it has signed a pact with Tata Group's Indian Hotels Company Ltd (IHCL), under which its property in Dubai will be managed by the Indian firm as Jumeirah Lakes Towers.

The soon-to-be-launched property will be the company's first hotel property in the region, CG Hospitality said in a statement.

"This venture marks the strengthening of our bond and global partnership with Together, we are partners with in ten of their iconic properties across different regions in the world, which have set new hospitality and luxury standards," CG Hospitality MD Rahul Chaudhary said.

Jumeirah Lakes Towers Dubai will help the company make deep inroads into an important Middle East market, he added.

As per the agreement, will manage and operate the property, CG Hospitality said.

The company however did not share the financial details of the agreement.

CG Hospitality owns and operates 130 hotels and resorts with 6,507 keys in 11 countries and 87 destinations. It is the hospitality arm of Nepal-based Diversified group CG Corp Global, a conglomerate of 174 and 76 brands.

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First Published: Sun, December 01 2019. 11:35 IST