Hospitality sector projects by Cygnett Hotels & Resorts Pvt Ltd in
Project Information
5990
Cygnett Hotels & Resorts Pvt Ltd
Kolkata-based Cygnett Hotels & Resorts will open six hotels with a total room capacity of over 300 in the budget and mid segment category this year.
Cygnett Hotels & Resorts on Thursday announced an association with Jameson Inn Inc as a part of which it would open one hotel each year under the brand of US budget hotel chain. The first such property has come up in Kolkata. The company has already joined hands with US-based ABF Inc.
"We have a definite plan to create our own assets pan India and then transcend into the sub continent with the help of our US collaborators," Cygnett Hotels & Resorts Managing Director Sarbendra Sarkar told reporters here.
Apart from Kolkata, the company would open hotels at Varanasi, Lucknow, Jaipur, Guwahati, Bangalore by the end of this year, he added.
The company would expand in the mid and budget segment under its two brands - Cygnett Inn and Cygnett Park.
"Cygnett Inn would be a completely budget hotel and its bracket would be Rs 3,000 to Rs 4,500 while Cygnett Park would range from Rs 4,000 to Rs 5,500," he said.
Project Value
Refer document
Conceptual
Multi State
India
Hospitality
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