M/s Akama Hotel Ltd. a hotel development and investment company based in Nepal, today declare the signing of a franchise agreement with Wyndham Hotels & Resorts for a new hotel development under the midscale Ramada by Wyndham brand in Kathmandu, Nepal. Kathmandu is the capital and most populous city of Nepal. It is located in the Kathmandu Valley, a large valley in the high plateaus in central Nepal, at an altitude of 4,600 feet. It lies in a hilly region near the confluence of the Baghmati and Vishnumati rivers, at an elevation of 4,344 feet above sea level. The city was the royal capital of the Kingdom of Nepal and hosts palaces, mansions and gardens built by the Nepali aristocracy. Nepal is the headquarters of the South Asian Association for Regional Cooperation. The city is home to several World Heritage Sites: The Durbar Square, Swayambhu Mahachaitya, Bouddha and Pashupatinath. Proposed hotel is situated just 3 kms from the Pashupatinath Temple a UNESCO world heritage site and 4.5 kms from the Tribhuvan International Airport and have great views of the Kathmandu Valley. Expected to open in 2024, Ramada by Wyndham Kathmandu Dhumbarai will have a modern design 109 contemporary rooms and a host of amenities including a lobby lounge, an all-day dining restaurant & bar, health club, spa, swimming pool, meeting room and a business center. Mr. Binaya Kumar Shrestha, Chairman, M/s Akama Hotel Ltd said, “We are pleased to partner with Wyndham Hotels & Resorts, which is the world largest hotel franchise company in the world and introduce the Ramada by Wyndham brand in the city of Kathmandu. We are working closely with team Wyndham to convert the hotel to …
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