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TDI Infratech invests Rs 75 crore in Haryana hotel
16 Jun
Summary
- TDI Infratech plans a Rs 75 crore luxury hotel in Panipat.
- Wyndham Hotels & Resorts will manage the new 53-room hotel.
- The hotel is slated for opening in the second quarter of 2028.
Realty firm TDI Infratech is investing Rs 75 crore to develop a luxury hotel in Panipat, Haryana, aiming to enhance the region's hospitality offerings. This new establishment will feature 53 rooms and will be managed by Wyndham Hotels & Resorts.
The hotel is a component of TDI Infratech's mixed-use project, TDI Connaught Estate. It is projected to commence operations in the second quarter of 2028. This investment signals a long-term commitment to Panipat's developing economy and infrastructure.
Wyndham Hotels & Resorts views Tier 2 and Tier 3 markets in North India, including Panipat, as significant growth areas. This expansion is fueled by improving infrastructure, increasing commercial activities, and a rising demand for branded accommodation.
