Shangri-La Hotels & Resorts has unveiled plan to open three new resorts in Kaski, Chitwan and Kathmandu.
Shangri-La is opening The Lost Horizon Resort near Begnas Lake in Kaski district. The resort will cater high-end tourists and construction will begin from 2015.
Officials of Shangri-La say construction works would be completed within a year. Altogether Rs 500 million is being spent on Begnas project.
The resort, which is spread over 40 million on a small hillock above Begnas Lake, is being built with an investment of Rs 500 million. It will contain 40 villages. British architect John Sandy is designing the resort, according to the hotel.
After The Lost Horizon Resort starts operation, Shangri-La Hotel & Resort will start works to build a resort in Mehgauli of Chitwan and Shivapuri of Kathmandu. Land for both the projects has already been acquired, according to hotel sources.
Shangri-La Hotels & Resorts currently operate Hotel Shangri-La in Kathmandu and Shangri-La Village Resort in Pokhara.