📈 Marriott & CG Hospitality Sign Landmark 3-Property SAARC Deal

Marriott International has signed a major multi-unit agreement with Nepal's CG Hospitality Global to expand its luxury footprint across Nepal and India, aiming to boost regional tourism and employment. • The Overview: The deal adds nearly 450 keys to Marriott's South Asian portfolio. All three properties are anticipated to open by 2031. • Nepal Expansion: Marks the debut of The Ritz-Carlton in Kathmandu (150 rooms, including 30 suites, 5 restaurants, and a spa). It will be joined by The Westin Kathmandu (150 premium rooms focused on wellness), both located near Tribhuvan International Airport. • India Expansion: Introduces the JW Marriott Hotel Siliguri in West Bengal, featuring 150 rooms and 1,500 sq meters of banquet space, acting as a luxury gateway to Northeast India. • Strategic Impact: Deepens the partnership between Marriott and CG Hospitality, which recently celebrated 75 signings globally. The projects are expected to drive significant local economic development and hospitality job creation across the region.