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Nepal’s billionaire opens its first luxury hotel in Dubai

Binod Chaudhary, Chairman of CG Corp Global.

CG Corp Global brings bespoke hospitality address to the UAE.

With footprints in 20 countries around the world, CG Corp Global is a multinational conglomerate, spanning four generations. The global conglomerate’s journey started in 1933 and is currently Nepal's first and only billion-dollar corporation listed by Forbes. CG Corp Global owns over 76 brands, managing 174 companies, and operates in sectors spanning from FMCG, education, biotech, electronics, banking, hydropower, telecommunication, construction, real estate development as well as hospitality. 

CG Hospitality's journey started in 2001, when Binod Chaudhary, Chairman of CG Corp Global, invested in Taj Samudra, Sri Lanka along with two Taj properties in the Maldives. Continuing his father’s entrepreneurial legacy, Rahul Chaudhary joined the already successful CG Corp Global in 2006 as Managing Director. Over the past thirteen years, the group’s hospitality portfolio has bloomed to its current monolithic growth by 4,300 per cent, with footprints in 11 countries. The group's fast-growing hotel and travel wing has a proud history of successful joint ventures with esteemed partners, including Taj, Jetwing and Radisson. Rahul Chaudhary manages and owns a portfolio of 130 hotels, 94 in operation, with the remainder expected to open within 2 years.

CG Corp Global has been in Dubai through its other business vertical for over 15 years, and the multinational is a major shareholder in the recently launched Taj Jumeirah Lake Towers. With this investment, CG Hospitality has established its HQ in Dubai to cover the Middle-East, Europe and Africa markets. Poised to be one of the most iconic hotels in CG Hospitality’s portfolio, the hotel will also be the first in the world where Nepal’s national flag will fly proudly, permanently. Taj JLT Dubai is a timeless combination of century-old legacy and luxury woven together with contemporary sensibilities and quintessential Indian heritage.

With Taj JLT Dubai, Rahul Chaudhary brings CG Hospitality’s distinguishing luxury and ethical benchmarks to the UAE, and the iconic hotel will set a new benchmark in ‘Business Luxury’ in the region’s hospitality sector.

News Editor - TravelDailyNews Media Network | + Posts

Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.

She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.

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