Mergers & Acquisitions

CG Corp Global plans to have 79 Fern Hotels & Resorts in India by 2020-end

Opportunity India Desk
Opportunity India Desk Nov 26, 2018 - 1 min read
CG Corp Global plans to have 79 Fern Hotels & Resorts in India by 2020-end image
Presently, the diversified group has 53 hotels in India under the brand.

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.

Subscribe Newsletter
Submit your email address to receive the latest updates on news & host of opportunities
Franchise india Insights
The Franchising World Magazine

For hassle-free instant subscription, just give your number and email id and our customer care agent will get in touch with you

or Click here to Subscribe Online

Newsletter Signup

Share your email address to get latest update from the industry