Dusit International partners with Paljor Global Crop for South Asia expansion.
Dusit International partners with Paljor Global Crop for South Asia expansion.
Desk, September 27, 2024: Dusit International, one of Thailand’s leading hotel and property development companies, has signed a strategic partnership agreement with Paljor Global Corp Private Limited, a leading Nepalese investment firm and luxury carpet manufacturer, to seek opportunities to introduce Dusit’s diverse offering in Nepal and throughout South Asia.
A signing ceremony was held at Baan Dusit Thani in Bangkok.
Building on their successful collaboration at Dusit Princess Kathmandu-owned by Paljor Global Crop and managed by Dusil International—the partnership aims to leverage Paljor Global Crop’s strong 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 collaboration on hospitality education initiative through Dusit Hospitality Education.
Alongside, Dusit Princess Kathmandu, Dusit International also operates the luxury Dusit Thai Himalayan Resort, Dhulikhel in Nepal. Both properties opened in July last year. In the hospitality sector, Paljor Global Crop also owns Hotel Tibet Pvt Ltd. Hotel Tibet International Pvt Ltd and Yakety Yak Hotel Kathmandu.
To further Dusit International’s presence in the country, PaljorGlobal Crop will leverage its network to find opportunities for Dusit’s established brands lineup that includes Dusit Thani (Luxury) and DusitD2 (Lifestyle/midscale), Dusit Princess (Midscale), Dusit Suites and ASAI Hotels as well as recent launched brands Devarana-Dusit Retreats and Dusit Collection. Beyond Nepal, Paljor Global Crop will actively seek hotel projects for Dusir’s brands in countries such as Bangladesh, Myanmar, Sri Lanka, Tibet, Bhutan and northeast India where Dusit has either yet to establish a presence or is in the early stage of expansion.
Additionally, Paljor Global Crop aims to collaborate with Dusit’s hospitality education institutions, including Dusit Thani College, which offers a competency-based curriculum rooted in industry-driven learning, and The Thai School.
This strategic partnership underscores Dusit’s commitment to South Asia and its ability to leverage strong local partnerships to drive growth and innovation in the hospitality industry,” said Gilles Cretallaz, Chief Operating Officer, Dusit International.
“By joining forces with a trusted partner like Paljor Global Crop, we are confident in our ability to deliver an exceptional hospitality experience that resonates with the local market and contributes to the region’s economic development. Together, we will create lasting memories inspire future generations and bring food products to market that sustainably meet the needs of the industry,” Cretallaz said.
“We are thrilled to deepen our collaboration with Dusit International and expand our shared vision across South Asia. By exploring opportunities for Dusit’s exceptional hospitality, education and culinary offering, 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 of Paljor Global Crop Pvt Ltd.
Dolma Tsering Lama, Managing Director, Paljor Global Crop Pvt Ltd, said, “Together, with Dusit Education and Dusit Foods, we aim to make a significant impact. This partnership is not just about expansion, it’s about enhancing lives through education and culinary excellence.”
Also Read: Dusit Central Park was in the spotlight at the CTBUH 2024 Conference in London.
EOM.