Hilton Hotel opens in Kathmandu, Prime Minister expects tourism boost

The opulent five-star Hilton Hotel, a venture of the Shankar Group, officially operated from Friday. Prime Minister KP Sharma Oli attended the inauguration ceremony and expressed optimism that the new hotel will significantly contribute to the country’s tourism industry.

Oli highlighted the importance of international hotel chains in attracting foreign tourists and boosting the economy.

Constructed under the helm of Jagadamba Hospitality Group Pvt., the hotel will operate as part of the globally renowned Hilton brand. The hotel’s capacity is 174 and rooms start from $190.

The hotel will be managed under the Hilton ‘Kathmandu City Centre’ brand, following an agreement between Jagadamba Hospitality and Hilton Worldwide Management Limited of Britain. Hilton Worldwide Incorporated, an American hospitality giant, currently manages 6,215 hotels and 983,465 rooms in 118 countries.

Shahil Agarwal, the Chairman of the hotel with a 90 percent investment, boasts two decades of professional experience. The Shankar Group, under Agarwal’s leadership, has diversified its investments into various sectors, including cement, Dundee industries, banks, insurance, hydropower, business, and real estate.