Posted inListsOperations Power List 2023

Rahul Chaudhary

Power List 2018: Rahul Chaudhary, Executive Director, CG Corp Global and CG Hotels & Resorts

Managing Director, CG Corp; CEO, CG Hospitality

Rahul Chaudhary wears two hats. He is the Managing Director, CG Corp | Global, the Global Face of Nepal’s first and only billion dollar multinational conglomerate with an exceptional legacy of 140 years across four generations. The CG Corp | Global has 123 brands, 160 companies, over 15,000 employees and spread across 32 countries with industry leading forays into fast-moving consumer goods (FMCG), retail food, banking, hospitality, telecom and education amongst others.
Chaudhary wears his other hat as Chief Executive Officer, CG Hospitality Holdings, the fast-growing hospitality vertical of CG Corp | Global that comprises over 169 hotels and resorts in 12 countries and 112 destinations with over 10,022 keys. His forte lies in forging strategic alliances in established as well as emerging markets, which assists in the growth and development of the company. CG Hospitality’s successful joint ventures include partnership with prestigious luxury and hospitality brands and owning some of the most iconic assets globally. The list of partnering who’s who of leading hospitality brands include the Taj, Taj Safari, Vivanta, Jetwing, Radisson, Ekho, Fairmont brands. CG Hospitality owns The Zinc, The Fern, Summit and The Farm brands amongst others. By 2025, the portfolio is expected to grow to over 200 hotels and 12,000 keys.

Success Mantras:
“‘Resilience’ through cyclical changes is the ultimate test of time. Our two decades’ hospitality strategy has been focused on frontier and emerging markets, where the realm of hospitality is renowned for its inherent evolving challenges and adversities. To us, this itself is a world of ‘Opportunity’! Crisis brings immense opportunities for those willing to adopt a long-term strategy to Sustain and Survive, Turn-Around and Revive, and ultimately Succeed and thrive. Clearly, there is ‘No Shortcut to Success’!
“Over the past two decades, CG Hospitality has adhered to these principles through key acquisitions and partnerships on a global scale thereby reaching 170+ hotels and resorts in 12 countries with almost 10,000 rooms. Our journey thus far has been shaped by a humble belief in the value of perseverance, rooted in an unwavering commitment to deepening our understanding of opportunistic markets in the ever-evolving digital age and exploring lesser-known destinations, beyond our borders, where we aspire to sell ‘Holistic Experiences’, and not just rooms!”

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