Cygnett Hotels & Resorts, a hotel management company has tied up with USA-based Jameson Inn Inc. in
With the new launch, Cygnett Hotels plans to set up budget and mid-scale segments hotels in the country. The group plans to operate 45 hotels under franchise and management route by the end of 2020.
“The coming five years would herald the era of consumer-led brand focus for hospitality industry. With International brands focusing on customizing their standards to the need of the emerging markets, it has led to the birth of Glocalisation that is a win-win situation for both the involved parties. Our initial focus and approach is to franchise and manage around 45 hotels pan India by end of 2020. We have a definite plan to acquire a large investment with the help of our US collaborators to create our own assets pan India and then transcend into the sub continent,” said Sarbendra Sarkar, MD and CEO for Cygnett Group.
Raj Vakharia, Director for franchisee development at America’s Best Franchising (ABF) said, “The Jameson name has a rich and established history in the United States. Now with its association with the Cygnett hotel group, an exciting new chapter has opened up for this brand here in India. We at America’s Best Franchising are pleased and proud to collaborate with Cygnett Hotel Group as they would provide corporate and travellers in India with exciting range of hotel brands to build value for their investment partners.”