Nepal, Jan. 16 -- Barahi Hospitality and Leisure Group plans to open three hotels in the next five years, the latest sign the industry is betting on strong travel demand long-term following the pandemic.

In 1984, a family-led business in Pokhara debuted with a 10-room Paradise Guest House.

The group has prospered and expanded over the years.

On January 12, Barahi group announced investing more than Rs10 billion in three projects-catching up with luxury hotels expanding in Nepal, with popular global brands like Marriott and Holiday Inn expanding their footprints in Nepal's hospitality industry.

According to the group, the 150-room Barahi Sedi in Pame, Pokhara, built at an investment of Rs5.5 billion is under construction. Barahi Sedi p...