Nepal opens 27 new five-star hotels as investors pour in cash despite Covid

Kathmandu, March 10

Wait for the next few months or years, and Nepal will have 27 new five-star hotels in operation.

The data at Department of Tourism revealing as hotel industry investors in Nepal did not let the Covid pandemic shatter their aspirations as they continued to pump money into new hotels.

Most of these five-star hotels will be based in Kathmandu, followed by Rupandehi and Banke. The new Gautam Buddha International Airport in Bhairahawa has attracted investors to Rupandehi, while Indian investors have been attracted to open new businesses in Banke as it is a gateway to Manasarovar.

According to Youb Raj Shrestha, a member of the Hotel Association of Nepal, Kathmandu still retains investor appeal as it has already established tourism products for sale.

Here is the list of five-star hotels under construction reported to the Ministry of Tourism:

NS Hotel Rooms/Beds Estimated investment
1 City Hotel, Kathmandu 156/312 N / A
2 Search for The Mastiff Hotel 302/475 4.81 billion rupees
3 Search for Siddhartha International Hotel 81/132 N / A
4 The Centurian Hotel, Morang 107/167 1.48 billion rupees
5 Crown Imperial Hotel, Kathmandu 131/180 1 billion rupees
6 Sheraton Kathmandu Hotel, Kathmandu 225/450 12 billion rupees
7 Hotel Forest Inn Reviews, Kathmandu NA/102 N / A
8 The Rara Project, Mugu 225/325 500 million rupees
9 Asian International Regency, Rupandehi 103/176 2.4 billion rupees
ten Westar Hospital, Kathmandu 122/244 150 million rupees
11 Zinc Kathmandu, Lalitpur 114/196 250 million rupees
12 The Metropolitan Hotel, Kathmandu 98/190 N / A
13 Hilton Hotel, Kathmandu 130/350 N / A
14 Civil Hotel, Kathmandu 115/306 1.25 billion rupees
15 Shahanshah International Hotel, Kathmandu 101/180 600 million rupees
16 Hotel Kathmandu Central, Kathmandu 114/196 N / A
17 Lhasa International Hotel, Kathmandu 108/177 N / A
18 Search CG Hotels and Resorts 180/300 1.67 billion rupees
19 Search Sedi Luxury Hotel 150/250 2.1 billion rupees
20 Moxy Hotel, Kathmandu 94/200 1.35 billion rupees
21 Blue Mountain Hotel, Kavre 149/250 N / A
22 Mars Hospitality, Rupandehi 125/200 N / A
23 Hotel Pawan Palace, Rupandehi 141/231 730 million rupees
24 Lalchan Hotel, Kathmandu 122/200 500 million rupees
25 Search Courtyard Hotel N / A N / A
26 Search Hotel Saffron CK 81/130 1.5 billion rupees
27 The Siprabhya Hotel and Resort, Kathmandu 88/160 N / A
Five star hotels under construction in Nepal in March 2022

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