Sign USD70 Million deal to build a Waterfront Hotel in UAE and three resorts in India

L to R – Dimitris Manikis, President EMEA, Wyndham Hotels and Resorts and Dinesh Yadav, Founder and Director, Kamah Hotels & Resorts

Kamah Hotels & Resorts, an upcoming luxury and wellness brand, proudly announces a major partnership with Wyndham Hotels & Resorts, the world’s second-largest hotel and resort brand. Together, they have signed a $70 million deal to develop four new hotels—one in Dubai and three in India—under the Trademark Collection by Wyndham. This partnership was formalised at the Future Hospitality Summit 2024 in Dubai and marks a significant expansion for Kamah’s portfolio, developed by Fine Acers Group in India and Global Branded Residences (GBR) internationally.

The exclusive signing ceremony was attended by dignitaries from both companies, including Dimitris Manikis, President of EMEA, and Panos Loupasis, Market Managing Director of TMEA, Wyndham Hotels & Resorts; Govind Mundra, Head of Development for the Middle East and Africa at Wyndham Hotels & Resorts; and Dinesh Yadav, Director of Fine Acers & GBR.

“After our successful collaboration with Wyndham Grand Jaipur last year, we are thrilled to further strengthen our partnership with Wyndham Hotels & Resorts,” said Dinesh Yadav, Managing Director of Fine Acers Group & GBR. “This partnership will see the launch of four hotels under the Kamah brand, offering an exclusive luxury and wellness experience under the Trademark Collection by Wyndham. The first set of properties are located in Dubai, Coorg, Jawai and Udaipur with further expansions planned in global destinations like North America, Australia and Europe, as well as prominent Indian locations such as Goa, Lonavala, and Dharamshala.”

Imran Khan, International Director of KAMAH, highlights a substantial gap in the wellness hospitality sector that requires attention. He suggests that for the industry to truly flourish, leading brands should prioritize creating strategic partnerships that can drive both growth and innovation.

KAMAH has finalized several key locations for its Lifestyle, Luxury and Wellness Resorts, including Coorg, known for its lush landscapes and serene environment; Jawai, a rugged region famous for wildlife and immersive natural experiences; Udaipur, the heritage-rich “City of Lakes; and Dubai, a global hub of opulence and cutting-edge wellness ” offering a regal blend of tranquillity and luxury.

The newly announced properties include Kamah Hotel, Al Jaddaf Waterfront, Dubai, and three Indian resorts: Kamah Resorts Coorg, Kamah Resorts Jawai, and Kamah Resorts Udaipur.

These hotels will be developed under a branded residences model, providing investors a unique opportunity to purchase units in an internationally branded hotel and resort, situated in popular leisure destinations.

The four properties will be branded as part of the Trademark Collection by Wyndham, a soft-branded collection of midscale to upscale properties that maintain their individual character. This partnership introduces the Trademark Collection by Wyndham in the UAE for the first time, marking a significant milestone for both Kamah and Wyndham’s expansion strategies.

“We are delighted to extend our collaboration with Fine Acers Group and to introduce the Trademark Collection by Wyndham to the UAE market,” said Govind Mundra, Head of Development for the Middle East & Africa at Wyndham Hotels & Resorts. “This partnership is just the beginning, with plans for many more properties to follow and building on the ‘Owners First’ policy of Wyndham. Udaipur and Coorg are already established tourist destinations in India, and Jawai is emerging as a popular destination in Rajasthan.”

Both India and the UAE are key growth markets for the hospitality industry, with increasing tourist arrivals. Dubai remains a prominent international trade and tourism hub, contributing 9% to the UAE’s GDP in 2022, with expectations to grow this to 15% by 2031 according to the UAE’s Ministry of Economy.

source: http://www.traveldailymedia.com / TDM News / Home> Hotels> Global / by Kanchan Nath, TDM Editor / October 07th, 2024