Dates incomplete or unavailable· Health
Fairfield-KTM
Nepal Hospitality Group Pvt Ltd (NHGPL, the Company or the Borrower), was incorporated in 2012 as a private limited company under MS group (the Group). The MS group, a reputed conglomerate in Nepal , has diversified presence in textile, steel, consumer goods, real estate and other sectors. The Group is currently venturing into hospitality industry by developing a midscale hotel in Kathmandu, under the Fairfield brand of Marriot Group. The proposed hotel is a greenfield, Three star facility, hotel property (the Project), to be operated by Marriott International (the Operator). It will have a total of 110 rooms with 10 floors, 2 basements, and will include other amenities such as one restaurant, fitness centre, two meeting rooms, bar and a shop.
Source-reported status: completed. Timeline labels use reported dates and do not verify current activity.
Reported by International Finance Corporation
Overview
About this project
Nepal Hospitality Group Pvt Ltd (NHGPL, the Company or the Borrower), was incorporated in 2012 as a private limited company under MS group (the Group). The MS group, a reputed conglomerate in Nepal , has diversified presence in textile, steel, consumer goods, real estate and other sectors. The Group is currently venturing into hospitality industry by developing a midscale hotel in Kathmandu, under the Fairfield brand of Marriot Group. The proposed hotel is a greenfield, Three star facility, hotel property (the Project), to be operated by Marriott International (the Operator). It will have a total of 110 rooms with 10 floors, 2 basements, and will include other amenities such as one restaurant, fitness centre, two meeting rooms, bar and a shop.
Field coverage
80% complete
Completeness measures the presence of project fields. It is not a verification score. Multiple evidence versions can come from the same feed, and feeds can reproduce the same publisher's data.
Not reported by the available sources: end date, disbursement, partner organizations. This is intentionally shown as unavailable rather than estimated.
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Original project evidence
1 distinct source feed across 1 recorded evidence version. These are not independent confirmations. Links below show the latest available version for each source page, up to 50 pages.
- iati ↗
https://d-portal.org/ctrack.html?aid=XM-DAC-903-SII-35111
Retrieved May 26, 2026 · Last checked May 26, 2026
Alignment