Hospitality major CG Hotels & Resorts strengthens its presence in South Asia
CG Hotels & Resorts, a global hospitality chain comprising of 5400 keys, 74 hotels across 7 brands in 63 destinations has entered Sri Lanka by launching Zinc Journey Mandira.
Zinc Journey hotels are unique independent boutique hotels that offers exclusive experiences at unexplored destinations around the world, that are true cultural expressions of each distinctive destination.
The launch of the new property in Sri Lanka, takes the brand to a total of ten existing and yet to open hotels in China, Bhutan and Sri Lanka. CG Hotels & Resorts is closely looking at expanding its Zinc Journey experience to some of the most exotic locations in the Indian subcontinent.
CG Hotels & Resorts worldwide with its steady expansion plan of opening premium and authentic resorts under its brand ‘Zinc Journey’ is headed by Mr.Binod Chaudhary, Chairman of CG Corp Global and a world-renowned entrepreneur listed on the Forbes list of billionaires.
Mr. Chaudhary displaying immense confidence in the brand said – “CG Hotels and Resorts has a proud history of successful joint ventures in the hospitality sector with esteemed partners such as CHC, Jetwings and Taj Group. We are deeply committed to growing the tourism potential of the most attractive locations across Asia.
This is only the beginning of what we believe will be further additions to our portfolio in this region. We are also looking at more such opportunities in India in the near future.”
Zinc Journey hotels offer curated experiences to guests, deep rooted in local discoveries and culture of the region such as the Horse Tea trail in Shangrila & Lijiang in China, the sensory and immersive Tea journey in Mandira, cultural and culinary discoveries in Sigriya and Ella.
Each of these journeys are a connective story of discovery in some of the most alluring destinations of the world. Zinc Journey is a brand created for the evolving and dynamic traveler who is seeking rare and authentic experiences over the ordinary.
CG’s tryst with Indian Hospitality goes back to 2005 when it forged a joint venture with Indian Hotels Company Limited to start Taj Safaris India. Taj Safaris India promotes wild life lodges by providing breath-taking wildlife experiences.
Prior to this, it formed a JV with Indian Hotels Limited to setup and operate the iconic Taj Samudra Hotel Sri Lanka & the Taj Exotica in Maldives.
CG has always been bullish about the hospitality space and also took a strategic stake in Alila Hotels & Resorts which has two iconic resorts operational in Goa and Bangalore.
In 2014, the group also entered into joint venture with the promoters of Rohetgarh and Mihirgarh fort in Jodhpur for ZINC Journey. The group further strengthened its presence in India in 2015 by entering into a strategic
partnership with Concept Hospitality Pvt. Ltd, an Indian Hotel Management Management Company operating hotels, resorts and serviced apartments across India. It has a vibrant pipeline of more than 25 projects in various stages of development.
Concept Hospitality Pvt. Ltd owns the ‘The Fern’ & ‘Beacon’ brands including a selection of independent hotels. Under Concept Hospitality Pvt. Ltd, CG has 36 hotels operational in India and 11 CHC Bungalows in Sri Lanka. A Taj Safari lodge in Nepal’s Chitwan is in final stage of completion, and another hotel in Rwanda is opening in April 2016.
About CG Corp Global
” Touching Life Everyday ” -The CG Group is a transnational conglomerate with an exceptional legacy of 140 years and 4 generations. Present in over 30 countries with an employee base of 10000 people it is Nepal’s first MNC with 80 companies with a stable of world class products and brands.
It’s enterprise value is 1.3 billion. Of its food brands, ‘Wai Wai’ noodles has been the most successful business. The brand produces more than a billion packets of noodles annually and is traded over 35 countries worldwide.
The Group’s other notable areas of interests are finance, banking, cement, real estate, hotels, electronics and home appliances, education, energy, biotech, power, retail. The Group Chairman, Mr. Binod Chaudhary has served as an ex member of the constituent assembly and parliament.
He has founded the Chaudhary Foundation which makes significant contribution to education, disaster relief, health and youth empowerment. He is also the only Forbes billionaire from Nepal.