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completed· 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.

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USD 3.0M budget·USD 0 disbursed·International Finance Corporation implementer·Kathmandu, Bagmati location·May 26, 2017 → End not reported timeline

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.

Record quality

80% complete

1 source · confidence 65%

Not reported by the available sources: end date, disbursement, partner organizations. This is intentionally shown as unavailable rather than estimated.

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