Cygnett Hotels & Resorts has inaugurated Cygnett Inn Kharagpur in West Bengal, marking a significant step in its Indian market expansion strategy.
The move aims to capitalise on the growing need for affordable yet high-quality accommodation options in the industrial hub of Kharagpur.
The company has been focusing on secondary cities and towns across India, responding to the increased demand for budget and midscale hotels.
Cygnett Hotels & Resorts founder and managing director Sarbendra Sarkar said: “The Indian hospitality sector is experiencing steady demand growth across major markets with the midscale segment playing a significant role in fueling room demand nationwide.
“Kharagpur as a key industrial city has a substantial corporate travel base and Cygnett Inn Kharagpur will serve as a preferred accommodation option in the region.”
Featuring more than 75 rooms, Cygnett Inn Kharagpur is set to cater to both business and leisure travellers with its comprehensive facilities.
With over 6,000ft² of banquet space and 5,000ft² of landscaped lawns, the hotel is poised to become a prime location for events and gatherings.
The property also features an all-day dining restaurant, a lobby lounge, a bar, a health club, and a swimming pool, ensuring a variety of amenities for guests.
Sarkar added: “In the coming years, we are committed to expanding strategically across destinations with high tourism appeal and strong business activity. From bustling urban centres to emerging tourist destinations, Cygnett Hotels and Resorts will be launching a number of new properties, offering travellers a diverse and inclusive hospitality experience.”
This development is part of Cygnett Hotels’ larger objective to operate more than 100 hotels by 2029.
The company is targeting locations with robust tourism potential and dynamic business activities to ensure consistent service quality and adherence to sustainable hospitality practices.
Cygnett Hotels aims to make a significant contribution to the global budget hotel market, which is expected to grow from $276.3bn in 2022 to $430.9bn by 2032 at a CAGR of 4.1% from 2023 to 2032.
“Cygnett Hotels & Resorts opens new property in Kharagpur, West Bengal” was originally created and published by Hotel Management Network, a GlobalData owned brand.
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