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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 (second from right), Board Chairman of Marriott International Inc., and Nepali billionaire Binod Chaudhary (second from left), Chairman of the Chaudhary Group (CG) and CG Corp Global, sign documents of a strategic partnership for the expansion of Marriott International in Nepal during a ceremony in Kathmandu on June 7, 2026. The expansion involves introducing four premium new hotel brands in Nepal, driven by prominent Nepali and international business conglomerates. CG Hospitality, the hospitality arm of the Chaudhary Group, is leading the luxury segment by bringing 'The Ritz-Carlton' brand to Thamel, Kathmandu. The conglomerate began construction on the 15-billion-Nepali rupee project last year and is also preparing a strategic partnership to introduce 'Westin Hotels & Resorts' to Nepal under a ''CG by Marriott'' initiative. Chaudhary Group (CG) holds the main partnership in these two hotels, targeting high-end and affluent tourists in Nepal. Additionally, other leading Nepali business conglomerates, IEG Group, IJ Group, and Sharma & Company, will 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, which operates under Marriott's 'Autograph Collection'. Marriott International, headquartered in Maryland, United States, is a leading hospitality company with more than 9,900 hotels in 146 countries. The company also operates the travel platform 'Marriott Bonvoy'. CG Hospitality, the hospitality arm of Chaudhary Group, Nepal's largest multinational company, has a presence in 130 destinations across 12 countries, with more than 220 hotels and resorts and over 13,835 rooms in operation. (Photo by STR/NurPhoto)
Photo Details
| Photo ID | #13798885 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Subaas Shrestha/NurPhoto |
| Category | Politics |
| Copyright | © 2026 NurPhoto - Subaas Shrestha/NurPhoto |
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