New Style Pvt Ltd, a leading real estate, and hotel development company based out of Delhi, announced the signing of a franchise agreement with Wyndham Hotels & Resorts for a new hotel development in Panipat, Haryana under the Ramada by Wyndham brand.
The proposed hotel will be located in Sector 23, TDI Connaught Estate, Panipat, connecting Delhi to the North India states of Punjab, Himachal Pradesh, Jammu, and Kashmir. The location of this new property will offer guests great accessibility and connectivity.
It is a historic city in the state of Haryana in India. Situated on the banks of the river Yamuna, the Panipat district is bordered by Karnal, Sonipat, Jind, Kaithal, and the state of Uttar Pradesh. It is 95 km north of Delhi and 169 km south of Chandigarh on NH-1. Besides connectivity with Delhi and Chandigarh, the city is connected to all major Indian cities via the Panipat Junction railway station.
The city is famous as the “City of Weavers” and the “Textile City”, being a major exporter of several textile products to Canada, Japan, Germany, and Australia. It is also renowned as the biggest center of “Shoddy Yarn” in the world.
The hotel, expected to open in late 2024, will have a modern façade and will feature 53 contemporary rooms including suites. It will also include a lobby lounge, an all-day dining restaurant, and bar, meeting and event spaces, a business center, refreshing wellness areas, as well as an outdoor swimming pool.
“We are pleased to franchise our existing hotel with Wyndham Hotels & Resorts under their popular Ramada by Wyndham brand and become part of its rapidly expanding hotel portfolio in India, particularly in the state of Haryana. We are working closely with Wyndham to build the hotel to high international standards and look forward to welcoming the guests to our hotel,” said Akshay Taneja, Managing Director, TDI Infratech.
“We are delighted to announce the signing of Ramada by Wyndham in Panipat, Haryana, further strengthening our mid-scale presence in India. Adding to an existing portfolio of two Wyndham-branded hotels in the National Capital Region, this latest signing reaffirms our commitment to continue to grow in this important market. We look forward to our partnership with the Taneja family and to support in giving a truly international standard hotel to the city of Panipat,” said Nikhil Sharma, Regional Director Eurasia, Wyndham Hotels & Resorts.
Once operational, Ramada by Wyndham Panipat will provide more than 100 jobs to Panipat city.
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