Indian Hotels Company (IHCL), the largest hospitality firm in India, has announced a significant strategic partnership with CG Hospitality to expand its presence in the Indian Subcontinent. This collaboration aims to grow the portfolio to 25 hotels by 2025, focusing on destinations that offer adventure travel experiences across the Indian Ocean and Greater Himalayan regions as well as wildlife escapes.
The partnership builds upon IHCL’s longstanding association with CG Hospitality, a member of the esteemed CG Corp Global for over two decades.
Puneet Chhatwal, Managing Director & CEO of IHCL, expressed excitement about this next phase, stating, “This collaboration under the platform – Ekyam, will explore opportunities to manage hotels across regions around the Himalayas and Indian Ocean, strengthening our presence in the wildlife sector.”
Currently, IHCL’s operating footprint in the Indian Subcontinent and Middle East includes iconic properties like Taj Exotica Resort & Spa, Taj Coral Reef Resort & Spa in Maldives, Taj Samudra in Sri Lanka, Taj Jumeirah Lakes Towers in Dubai, and Taj Safaris luxury lodges in India and Nepal.
Rahul Chaudhary, MD, CG Hospitality, highlighted the platform’s commencement with the existing portfolio of 11 operating hotels, with a commitment to onboard 14 more hotels under this partnership. The investment in operational and upcoming hotels has exceeded INR 1,250 crores.
Binod Chaudhary, Chairman, CG Corp Global, expressed pride in the partnership’s expansion, emphasizing the trust placed in IHCL’s century-old legacy, globally recognized as the benchmark in Indian hospitality.
With a strategic focus on the upper-upscale and luxury hotel segments, Minor Hotels aims to leverage the popularity of its distinguished brands such as Anantara, Avani, and NH Collection in India. The group sees immense potential in diverse offerings, including Ayurvedic wellness retreats, wilderness lodges, historical palaces, lifestyle hotels, and upscale accommodations.
Ram Maheshwari, Vice President Commercial, will lead the platform towards achieving a portfolio of 25 hotels with 2,500 rooms by 2025, solidifying IHCL’s position as a leader in adventure and wildlife travel experiences.CG Corp Global, with over 140 years of history, is Nepal’s only Multi-National Conglomerate. The group has diverse business interests across verticals such as Financial Services, FMCG, Education, Hospitality, Energy, Cement, Infra & Power, Consumer Electronics, Real Estate, Motors, and Telecom.
CG Hospitality Global, with a two-decade history, has a remarkable portfolio of iconic properties globally. This includes joint ventures with leading brands like Fern Hotels in India, Jetwing Hotels & Ceylon Hotels Group in Sri Lanka, Radisson in NYC, Fairmont Hotels in Kenya, and its own house of brands such as The Farm in the Philippines, Zinc, Fern, and Beacon.
Currently boasting over 178 Hotels & Resorts in 12 countries and 114 destinations with over 10,000 keys, CG Hospitality aims to exceed 200 hotels globally by 2025.
