A Sri Lankan man, who was staying on the hotel's 6th floor, was badly burned over 90 percent of his body when the blast occurred at about 9:30 pm local time, said local police chief Farid Ahmed.
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He was in critical condition at an area hospital.
Some furniture was burned and a wall inside the building collapsed due to the impact of the blast.
In the second explosion, which occurred 30 minutes later, 15 Bangladeshis were injured by flying glass, Ahmed said.
It is not clear what caused the explosions at the hotel, which is near Dhaka's commercial district.
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Fire and explosives experts were at the scene to investigate. No arrests have been made, Ahmed said.