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.

USD 3.0M budget ·USD 0 disbursed ·International Finance Corporation implementer ·Nepal location ·May 26, 2017 – — 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.

Progress

0%
  • Plan
  • Implementation
  • Outcomes

Alignment

SDG focus

No SDGs tagged.