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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

Binod Chaudhary, Nepal's only billionaire, addresses the strategic partnership agreement signing ceremony for the expansion of Marriott International to introduce four new premium hotel brands 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 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. Currently, Marriott 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, operating more than 220 hotels and resorts with over 13,835 rooms. CG partners with brands like Taj, Jetwing, Hilton, and Fairmont, aiming to reach 600 hotels and 30,000 'keys' by 2030. (Photo by Subaas Shrestha/NurPhoto)

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