Tag Archives: 7th annual GM Conclave

India’s fastest-growing hospitality chain, Cygnett Hotels & Resorts, recently held its 7th annual GM Conclave in Cygnett Style Jaipur under the theme ‘Aggrandize Hospitality Cygnett Horizons 2024.’ The event provided a platform for discussing the company’s strategic expansion plans and key insights into transformational changes in the hospitality industry. Sarbendra Sarkar, Founder and Managing Director, Cygnett Hotels & Resorts, shared that Cygnett is on track to open 15 new hotels and 1200 keys over the next year, with ten currently under project & pre-opening stage. This expansion aligns with the company’s vision of innovation and cultural transformation. The new properties opening in June, July and August, such as Cozzet Deera in Sonipat (41 keys), Cozzet Mahad (Mahad Maharashtra industrial area) (60 keys), and Cygnett Inn Airport in Jaipur (45 keys), represent the company’s commitment to meeting growing demands and maintaining high hospitality standards. Cygnett also plans to hire over 1,000 hospitality professionals and establish the Cygnett Learning Academy to address the current talent shortage and train new aspirants. Cygnett Hotel and Resort was ranked second in new hotel signings in 2023, according to a report released by HVS. At the event, Sarkar emphasised the importance of cultural transformation and innovation as the driving forces behind the company’s expansion. He noted that the rapid growth of domestic tourism and rising ADRs provide a promising outlook for the hospitality sector. He reiterated the company’s optimism about India’s hospitality prospects as it leverages increased government focus on infrastructure to bolster its growth. The conclave also highlighted Cygnett’s strong focus on sustainability. Their Sustainable Plan 2025 includes eco-friendly initiatives such as energy-efficient technologies, water conservation, waste management, and upgraded transportation facilities. These efforts aim …

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