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AMERIA Announces Franchise Contract For The First Ramada Hotel In Ye

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  • AMERIA Announces Franchise Contract For The First Ramada Hotel In Ye

    AMERIA ANNOUNCES FRANCHISE CONTRACT FOR THE FIRST RAMADA HOTEL IN YEREVAN

    Panorama
    June 8 2011
    Armenia

    Ameria cjsc, Armenia's leading consultancy company, today announced
    it has brokered a franchise agreement with Wyndham Hotel Group, the
    world's largest hotel company based on number of hotels and one of
    three business units of Wyndham Worldwide (NYSE: WYN), to operate
    the country's first Ramada hotel; Ramada Yerevan.

    Ameria cjsc provided extensive professional support to the private
    investors backing this hotel development project, and conducted
    successful negotiations with Wyndham Hotel Group, which resulted in an
    agreement to build the four star hotel complex under the Ramada brand.

    In addition to developing a business plan for the project, Ameria
    cjsc completed the financial planning for the construction of the
    hotel and provided ongoing support in facilitating the drafting and
    execution of the agreement.

    The hotel, which will be situated within the emerging business and
    residential area of Yerevan, in the vicinity of the NOY district
    and less than three kilometres from Zvartnots International Airport,
    is the first Wyndham Hotel Group property in Armenia.

    Owned by Rameo Otel CJSC, the Ramada Yerevan will be located on
    Leningradyan Ave. and will offer 120 contemporary guestrooms and suites
    with free wireless Internet access and all the latest amenities as
    well as stunning views of the Ararat mountain.

    All guestrooms will feature queen or twin beds, a spacious work desk,
    LCD television with satellite channels, IDD phones, voice mail and
    an electronic safe.

    For dining options, the hotel will feature an all day restaurant that
    includes an international breakfast buffet and a diverse a la carte
    lunch and dinner menu. An Armenian speciality restaurant will offer
    guests a flavour of the local cuisine. A coffee bar in the lobby will
    serve a mix of hot and cold soft beverages. Additionally a 24-hour
    room service will be available.

    Business travellers will appreciate access to a 24-hour business centre
    as well as four meeting rooms equipped with the latest audio and video
    technologies. Other amenities will include an extensive spa with a
    temperature-controlled indoor swimming pool, a large gymnasium, saunas
    and several treatment rooms. Adjacent to the building there will also
    be a fitness centre, which will be available for hotel guests. Airport
    transportation and on-site parking will also be available.

    The project, which is planned for completion by 2013, is expected
    to generate around 100 new jobs and contribute significantly to the
    development of tourism in the country through the provision of high
    quality hotel services.

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