Kamah Hotels signs $70 million deal with Wyndham Hotels
Sign $70 million deal to build a Waterfront Hotel in UAE and three resorts in India. 25 additional properties planned globally over the next three years
Kamah Hotels & Resorts has announced 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.
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,” said Dinesh Yadav, Managing Director of Fine Acers Group & GBR.
“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,” he added.
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.
“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,” said, Govind Mundra, Head of Development for the Middle East & Africa at Wyndham Hotels & Resorts.
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.
