. Industrialist Shashikant Agrawal has opened his third star hotel in Kathmandu in a decade. Prior to this, Agrawal had run a five-star hotel Marriott in Naxal and a four-star Hotel Fairfield in Thamel.

Agrawal, who runs a different hotel from the traditional hotel, says that the moxie is being built especially targeting the youth.TAG_OPEN_p_3 The Moxie Genji movement, which was scheduled to be fully operational in September, was delayed due to the agitation.

The hotel is spread over two ropanis of land and has 10 floors.TAG_OPEN_p_2 Its cost is one and a half billion. Agrawal, who was known as a big shareholder in the founding shares of yarn and sugar industries and banks a decade ago, has also become a big investor in the hotel sector in a decade.