Marriot’s new branch in Naxal to come under operation from March


23rd Jun, 2017 | Tourism Mail Crew


KATHMANDU, June 23: Everest Hospitality and Hotel has announced that its 235-room five-star deluxe hotel in Naxal is slated to open next March.

It will be managed by Marriott International, a leading hotel chain based in Maryland, US. This is the second hotel in Nepal being managed by the international hotel chain management company after the Fairfield by Marriott Kathmandu.

“We have targeted making a soft launch of the hotel in eight months,” said Shashi Kant Agarwal, chairman of the Everest Hospitality Group. A consortium of banks led by NMB Bank has financed the Rs3.5 billion project, he said. The consortium has put up 80 percent of the capital, Agarwal added.

The proposed hotel will be the first five-star deluxe hotel in Nepal after its completion. It will be spread over 13 ropanis and have a vertical multi-storey parking of up to 10-storeys.

The company will announce the construction of another hotel in Janakpur, Butwal or Pokhara within two-three months which will also be managed by Marriott.

“Yes, tourism prospects are promising. If marketed properly, it’s not difficult to bring 2.5 million tourists annually within five years,” said Agarwal. “However, the biggest headache is the crumbling Tribhuvan International Airport.”  The Fairfield by Marriott Kathmandu launched commercially on June 1, marking Marriott International’s entry into Nepal and further expanding its footprint in South Asia.