STOCK TITAN

Wyndham Hotels & Resorts Enters Nepal with New Hotel in Central Kathmandu

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Wyndham Hotels & Resorts has expanded into Nepal with the opening of the Ramada Encore by Wyndham Kathmandu-Thamel, adding 90 rooms to its portfolio. This new hotel is part of a revitalization project in Kathmandu's commercial hub, near key attractions including the base camp for Mount Everest and the Garden of Dreams. With over 50 operational properties in the Indian subcontinent, Wyndham plans to develop 30 more in India, Bhutan, Bangladesh, and Pakistan by 2025. The hotel features modern amenities such as a rooftop pool, spa, and versatile meeting space.

Positive
  • Expansion into Nepal increases Wyndham's market presence in the Indian subcontinent.
  • The newly opened Ramada Encore hotel adds 90 rooms to Wyndham's portfolio.
  • Strategic development plans include 30 new properties in key regional markets by 2025.
Negative
  • None.

PARSIPPANY, N.J., Jan. 13, 2021 /PRNewswire/ -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,000 hotels across 90 countries, continues to expand its global footprint with its entry into Nepal via the newly opened 90-room Ramada® Encore by Wyndham Kathmandu-Thamel.

Located in the center of Kathmandu, the capital and largest city in Nepal, the newly built hotel opened earlier this week and is part of a vibrant rejuvenation project of the city's commercial center, close to top attractions and cultural wonders such as the base camp for Mount Everest, the Garden of Dreams, Ason Bazaar at Kathmandu Durbar Square and other popular destinations in the city.

This latest opening builds on Wyndham's continued commitment to growth for the sub-Indian continent. With more than 50 properties currently in the Indian sub-continent, the opening of Ramada Encore by Wyndham Kathmandu-Thamel is another welcome footstep towards the Company's continued expansion plans.

Nikhil Sharma, regional director, Eurasia, Wyndham Hotels & Resorts said, "We are thrilled to be expanding Wyndham's portfolio in this exciting new destination. Nepal is a beautiful country with huge potential and we are pleased to be making our footprint as part of our strategy to further expand our EMEA reach across the Indian sub-continent. With a growing portfolio of more than 50 operational hotels in the region and plans to develop around 30 additional properties across India, Bhutan, Bangladesh and Pakistan by 2025, the debut of the Ramada Encore by Wyndham brand brings us one step closer to our mission of making hotel travel possible for all in the Indian sub-continent and beyond." 

Ramada Encore by Wyndham Kathmandu-Thamel features contemporary rooms designed with comfort and accessibility in mind. The hotel offers guests various on-site food and beverage outlets, including the Pateo restaurant and bar, the outdoor El Beso Caro offering scenic views of the city, as well as Chocos N Subs, serving light meals and coffee. Other amenities include a rooftop plunge pool, a spa and salon for rejuvenation and relaxation, as well as a fitness center. The hotel also features a versatile meeting room to accommodate up to 60 conference attendees or 80 banquet guests.

Ramada Encore by Wyndham hotels in the Indian sub-continent and around the world participate in Wyndham Rewards®, the world's most generous hotel rewards program with more than 30,000 hotels, vacation club resorts and vacation rentals worldwide.

About Wyndham Hotels & Resorts
Wyndham Hotels & Resorts (NYSE: WH) is the world's largest hotel franchising company by the number of properties, with approximately 9,000 hotels across approximately 90 countries on six continents. Through its network of 804,000 rooms appealing to the everyday traveler, Wyndham commands a leading presence in the economy and midscale segments of the lodging industry. The Company operates a portfolio of 20 hotel brands, including Super 8®, Days Inn®, Ramada®, Microtel®, La Quinta®, Baymont®, Wingate®, AmericInn®, Hawthorn Suites®, Trademark Collection® and Wyndham®. Wyndham Hotels & Resorts is also a leading provider of hotel management services. The Company's award-winning Wyndham Rewards loyalty program offers 85 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts and vacation rentals globally. For more information, visit www.wyndhamhotels.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/wyndham-hotels--resorts-enters-nepal-with-new-hotel-in-central-kathmandu-301207459.html

SOURCE Wyndham Hotels & Resorts

FAQ

When did Wyndham Hotels & Resorts enter Nepal?

Wyndham Hotels & Resorts entered Nepal on January 13, 2021.

What is the significance of the Ramada Encore by Wyndham Kathmandu-Thamel opening?

The opening signifies Wyndham's expansion into the Nepalese market and its commitment to grow in the Indian subcontinent.

How many hotels does Wyndham currently have in the Indian subcontinent?

Wyndham currently operates over 50 hotels in the Indian subcontinent.

What are Wyndham's future expansion plans in the region?

Wyndham plans to develop around 30 additional properties across India, Bhutan, Bangladesh, and Pakistan by 2025.

What amenities are offered at the Ramada Encore by Wyndham Kathmandu-Thamel?

The hotel features contemporary rooms, a rooftop plunge pool, spa, fitness center, and meeting facilities.

Wyndham Hotels & Resorts, Inc.

NYSE:WH

WH Rankings

WH Latest News

WH Stock Data

7.51B
77.79M
2.14%
99.5%
4.82%
Lodging
Hotels & Motels
Link
United States of America
PARSIPPANY