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Marriot International Set To Introduce Four Premium New Brands Of Hotel In Nepal In Partnership With Billionaire Binod Chaudhary’s CG Group
David S. Marriott, Board Chairman of Marriott International Inc., and Nepali billionaire Binod Chaudhary, Chairman of the Chaudhary Group and CG Corp Global, sign documents for a strategic partnership to expand Marriott International with four new premium hotel brands in Nepal during a ceremony in Kathmandu, Nepal, on June 7, 2026. The expansion involves prominent Nepali and international business conglomerates. CG Hospitality, the hospitality arm of the Chaudhary Group, is leading the luxury segment by introducing 'The Ritz-Carlton' brand in Thamel, Kathmandu. The conglomerate began the 15-billion-Nepali rupee project last year and is preparing a strategic partnership to bring 'Westin Hotels & Resorts' to Nepal under a ''CG by Marriott'' initiative. Chaudhary Group holds the main partnership in these two hotels, targeting high-end tourists in Nepal. Other leading Nepali business conglomerates, including IEG Group, IJ Group, and Sharma & Company, will also have significant partnerships in these projects. Marriott currently operates several properties in Nepal under franchise and management agreements, including Kathmandu Marriott, Moxy Kathmandu, Fairfield by Marriott, Aloft Kathmandu Thamel, and The Soaltee Kathmandu, part of Marriott's 'Autograph Collection'. Marriott International, headquartered in Maryland, United States, is a leading hospitality company with over 9,900 hotels in 146 countries. It also operates the travel platform 'Marriott Bonvoy'. CG Hospitality, part of Nepal's largest multinational company, has a presence in 130 destinations across 12 countries, operating more than 220 hotels and resorts with over 13,835 rooms. (Photo by STR/NurPhoto)
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| Photo ID | #13798883 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Subaas Shrestha/NurPhoto |
| Category | Politics |
| Copyright | © 2026 NurPhoto - Subaas Shrestha/NurPhoto |
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