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Expansion Plans

Dija Shrestha
Dija Shrestha,
Team Member- New Project
Managing the hospitality business optimally has been another indispensable part of ICTC Group in a bid to contribute to Nepal’s tourism sector. Keeping this in mind, Taragaon Regency Hotels (TRH) has aimed to open high-end hotels in each of the seven provinces of the country.

Established in 1991 as a joint venture between ICTC and the Yak and Yeti Group, the government and Asian Development Bank under the Public-Private Partnership (PPP) model, which is the first of its kind in Nepal. The company started operating Hyatt Regency Kathmandu in 2000.

Apart from renovating the rooms, restaurants, and other major areas, TRH has been planning to expand its activities within its current area of land by opening an international standard exhibition
center with a car parking capacity of 1,000 and a separate 4-start hotel property with 150 to 300 rooms primarily catering to Indian and Chinese tourists.

Similarly, Taragaon Village, a unique Boudhabased cultural market project to cater to the growing and evolving tourism sector is also being planned for investment. The design and planning for all these projects are completed, and construction will commence as soon as the company receives clearance from
government authorities.

Strong loyalty, built on the needs of owners and guests Satisfaction among guests means strong
returns for owners.
That’s why we’ve built each Hyatt Regency hotel on a set of consumer-driven design principles that help ensure the right experience for every guest, every time—from customized food and beverage services to stress-free event planning and preparation.

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Everything Hyatt Regency guests want and need is here—an end-to-end experience that means they never have to look beyond our walls, and service or activity for whatever they need to feel and be their best.

It’s no wonder the Hyatt Regency brand has consistently received top rankings, awards, and accolades from independent publications and magazines, including Condé Nast Traveler, Travel + Leisure, U.S. News & World Report, IDEAT, and Incentive Magazine, as well as groups like AAA, BTN Group and Successful Meetings. Hyatt has been receiving several Travel awards from TripAdvisor, the world’s largest travel platform.

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