Starwood Hotels & Resorts reenters Nepal with Sheraton Kathmandu Hotel
Kathmandu : Starwood Hotels & Resorts Worldwide, Inc. announced the signing of the Sheraton Kathmandu Hotel. Starwood will expand its reach in South Asia by reentering Nepal with the debut of the Sheraton brand.
Slated to open in February 2018, the 225-room Sheraton Kathmandu Hotel is owned by MIT Group Holdings Nepal Private Limited and will be managed by Starwood Hotels & Resorts.
Starwood’s legacy in South Asia dates back to 1973, and the company currently operates 34 hotels with 24 hotels in the pipeline. It aims to have 100 hotels under operation, development and management contracts signed by 2015.
“We continue to look for opportunities to grow Starwood’s brands in South Asia and are delighted to announce the signing of the Sheraton Kathmandu Hotel, strengthening Starwood’s footprint in South Asia,” said Nikhil Manchharam, Vice President Acquisitions & Development, Starwood Asia Pacific Hotels & Resorts.
Located adjacent to Thamel, Kathmandu’s most popular tourist area, the hotel will be located near foreign embassies, banks, corporate offices and tourist attractions such as The Narayanhiti Palace Museum.
“We are delighted to raise the Sheraton flag at our hotel, where we will offer the entire Sheraton brand’s recently enhanced amenities and services in a great location in Kathmandu,” said Shesh Ghale Chief Executive Officer, MIT Group Holdings Nepal Private Limited. “With increased demand and a strong affinity for international branded hotels, we believe the Sheraton Kathmandu Hotel will be a highly anticipated addition to the city of Kathmandu. Our ability to connect with travelers via Starwood’s award-winning Starwood Preferred Guest program will add further value to our association with Starwood Hotels.”
Sheraton Kathmandu Hotel will offer four food and beverage venues, a signature venue and specialty restaurants and bar that will offer distinctive culinary experiences for guests. The hotel will also house 16,500 square feet of meeting space, a well equipped Business Center, and the Sheraton Club.Source : Starwood Hotels & Resorts
