Pacific Jeans Group has sealed a deal with Marriott International to construct a five-star luxury hotel in Chittagong, as the US luxury chain eyes Bangladesh's growing hospitality market.
â€œWe are aspired by the long-term economic potential of Chittagong port city,â€ said Simon F Cooper, president and managing director of Marriott International's Asia-Pacific region.
Cooper is hopeful that the hotel would play a vital role in enhancing business and tourism activities in Chittagong.
"We have Marriott as our partner to provide state-of-the-art service to our guests from home and abroad and set up an international standard hospitality industry in Chittagong,â€ said M Nasir Uddin, chairman of Pacific Jeans Group.
Pacific Jeans will own the luxury business hotel, expected to be inaugurated in 2015, and Marriott will be the management partner, as per the terms of the agreement.
The 250-room hotel will be Marriott's third in Bangladesh, with their first, to be situated at Dhaka, due for opening next year.
Last week, the premium international hotel chain signed a deal with Jamuna Builders, a subsidiary of Jamuna Group Ltd, to operate its second hotel in Bangladesh, a 700-room five-star hotel in Dhaka.
Marriott International is one of the world's leading luxury hotel chains, operating more than 3,700 hotels and resorts in 74 countries under as many as 18 brands.
From Marriott, Daniel Ford, an executive director; Navjit Ahluwalia, a senior vice-president; Rajeev Puri, vice-president; and Kiran Andicot, vice-president, were present at the signing ceremony.
Pacific Jeans is a world-class casual wear manufacturer, exporting over 30 million jeans every year to over 25 countries.