WE SEE A HUGE AMOUNT OF OPPORTUNITY TO EXPAND OUR DIFFERENT HOSPITALITY AND SUPPORTING BRANDS THROUGHOUT THE HIMALAYAN REGION . OUR EXPERTISE IN DEVELOPING , LOGISTICS AND OPERATING IN REMOTE AREAS IS THE KEY TO OUR SUCCESS AS WE LOOK TO EXPAND .
– NAMGYAL SHERPA
not sure when we should launch . Also , the switch from the old brands to new and the process .
H : Will there be growth outside Nepal for Sherpa Hospitality ? NS : The Himalayas are a vast region with most parts not easily accessible by tourists and lack any basic tourism infrastructure let alone at a luxury level .
We see a huge amount of opportunity to expand our different hospitality and supporting brands throughout the Himalayan region . Our expertise in developing , logistics and operating in remote areas is the key to our success as we look to expand .
H : What are some of the biggest challenges for development and growth ? Jason Friedman : Previously , our biggest challenges for growth were related to the past political and social issues , and more recently the effects of the earthquake and COVID . With reduced demand for the country during that time , it was not an optimal time to invest in upgrading or building new products .
With a socially and politically stable country we saw an opportunity coming out of COVID and could see that Nepal was going to be a destination of choice for the leisure adventurer .
As with most other
WE ARE VERY BULLISH ABOUT THE FUTURE OF TOURISM IN THE NEPALI HIMALAYA . OUR DEVELOPMENT PIPELINE IS ROBUST WITH MULTIPLE NEW PROPERTIES UNDER CONSTRUCTION AND DEVELOPMENT IN THE EVEREST AND ANNAPURNA REGIONS FOR THE MOUNTAIN LODGES OF NEPAL BRAND .
– JASON FRIEDMAN
destinations in the region , our biggest challenge to growth is the international airlift . Once flights resume to 2019 levels , we expect business to be very strong . Our development pipeline is very strong with multiple new builds underway and the opening of Shinta Mani Mustang in March of 2023 .
H : What is the longer-term strategy for further hotel development ? JF : We are very bullish about the future of tourism in the Nepali Himalaya . Our development pipeline is robust with multiple new properties under construction and development in the Everest and Annapurna regions for the Mountain Lodges of Nepal brand .
We are working with Bill Bensley and the Shinta Mani group to open the all-inclusive , luxury Shinta Mani Wild in Mustang on March 1 , 2023 . We are also developing a luxury lodge tour of Upper Mustang . With land secured
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