INDIA > USA based Marriott International is set to open 100th hotel in India

marriott logo Sheraton Grand Bengaluru Whitefield Hotel & Convention Center is the 100th hotel planned to open in India by Marriott International. Arne Sorenson, CEO and President of Marriott International is set to visit India for a week-long visit to India as the company is looking to extend its leadership presence in India with more than 50 signed projects in the pipeline. More …

NEPAL > IFC and FMO invests US$ 5.5 MM on Fairfield Marriott Hotel

MarriottInternational.svg The International Finance Corporation (IFC) and FMO (a Dutch development bank) together have invested $5.5 million to develop Fairfield Marriott in Thamel, at the heart of the city of Kathmandu. IFC and FMO will be splitting their investment ($2.75 million each) into the company called Nepal Hospitality and Hotel Pvt Ltd. which will be operating the┬áthree-star mid market hotel with More …

NEPAL > Marriott International to open four-star hotel in Nepal

MarriottInternational.svg USA based hospitality company Marriott International and MS Group to open four-star hotel in Kathmandu, Nepal with an investment of around $5.9Mn. MS Group has signed an agreement with a Marriott International to open, Fairfield by Marriott Kathmandu. The Thamel, Kathmandu based hotel will be 10-storey hotel with 108 rooms. Marriott will help MS Group with the management of the More …