The recent HVS (HVS Global Hospitality services) Indian Hospitality Industry Overview 2019 Report, ranked ‘Concept Hospitality’ (A member of CG Hotels & Resorts) 1st in property openings and 4th in terms of Keys, in India. With a rich portfolio of 102 comprising existing and signed operating hotels, CG Hotels & Resorts have established themselves as one of the most diversified and environmentally sensitive hospitality management groups in India.
Strategically perusing its global expansion plans, the 2 Fairmont properties being acquired in Africa are popular destinations of choice, amongst travellers.
Through the acquisition, CG Hospitality is becoming a part of a rich historical legacy that the Fairmont ‘The Norfolk’ hotel celebrates. From being the first luxury hotel in Kenya to being a shelter to men and women during World War II, the property has seen and been a part of momentous world events. It was also one of the stops on Theodore Roosevelt’s “Africa Safari and scientific Expedition” in 1909-10, a hunting trip still considered the most lavish in Kenya history. It served as a gathering place for legendary figures throughout the 1900s, some of them being- Karen Blixen, author of “Out of Africa” and the Adamsons, immortalised in the movie ‘Born Free’.
Rahul Chaudhary, MD & CEO, CG Hospitality Holdings & CG Corp Global, expressed his pride in leading the company closer to its expansion plans. He said, “The acquisition of these two Fairmont Assets in Kenya namely Fairmont ‘Mara Safari Club’ & Fairmont ‘The Norfolk’ marks our re-entry into East-Africa. We are proud of our local partnership in this acquisition through our holding Company CG Madison (Kenya) Limited. With the Fairmont ‘The Norfolk’, we are really buying a piece of history which is priceless! This acquisition plays a very important role in our global vision to reach 200 properties by 2025. In this regard, we have mapped out a 5-country growth strategy in Africa, which we will henceforth pursue.”
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