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- CG Corp Global plans to have 79 Fern Hotels & Resorts in India by 2020-end
As part of its expansion plans in India, Nepal-based CG Corp Global is planning to have 79 operational hotels under The Fern Hotels & Resorts brand in the country by the end of 2020.
Presently, the diversified group has 53 hotels in India under the brand.
Binod K Chaudhary, Chairman of CG Corp Global, said, "We plan to have 79 hotels under The Fern Hotels & Resorts brand by end of 2020 in India. We will be adding 26 hotels under the brand during this time across India."
"The upcoming hotels will be in places such as Gujarat, Bengaluru as well as Satara, Karad and Lonavla in Maharashtra among others," he added.
Chaudhary further said, "At present, we are following the management model for these hotels, but going forward we may have some hotels that are both owned and managed by us."
CG Corp Global is currently present in more than 30 countries with 76 brands, 122 companies and an employee base of over 10,000.