Hampton Sky Realty has announced its collaboration with Indian Hotels Company Limited (IHCL) and its subsidiary, Roots Corporation Limited (RCL), for two hotel properties in Ludhiana, Punjab.

Hampton and IHCL have entered into a Hotel Management Agreement (HMA) and Technical Services Agreement (TSA) (together referred to as the Gateway Agreements), which have been signed by Kavya Arora, Director on behalf of Hampton and by Suma Venkatesh, Executive Vice President, Real Estate & Development on behalf of IHCL.

Pursuant to the Gateway Agreements, Hampton has agreed to construct a property, either directly or through a special purpose vehicle, at a land owned by Hampton at Mangli Nichhi, Ludhiana Chandigarh Highway, Punjab. 

The proposed property will house a fully customized and equipped hotel offering world-class facilities including an all-day dining restaurant, specialty restaurant, bar, banquet facilities, meeting rooms, swimming pool, gym and health club. 

The proposed hotel will be operated by IHCL under its brand "Gateway" in terms of the Agreements.