^

Business

CG Hospitality takes over The Farm at San Benito

Catherine Talavera - The Philippine Star

MANILA, Philippines — A Batangas eco-luxury medical wellness resort is set to expand its facilities as Kathmandu-based CG Hospitality Holdings takes over the business.

Chaudhary Group (CG) chairman Binod Chaudhary said the company would now assume the management of The Farm at San Benito after it bought out the shares of Avalon Hospitality.

“With this buyout, The Farm at San Benito, an eco-luxury holistic medical wellness resort located in Lipa, Batangas, is expected to grow its business by building more villas and facilities inside the 48-hectare lush tropical jungle,” the company said.

“The plan is to develop a world-class high-end residential development within the 48-hectare land parcel which will be focused around the concept and philosophy of The Farm,” it added.

With the acquistion, CG  is eyeing to strengthen the positioning and business of The Farm at San Benito in the Philippines and abroad in markets such as Europe, US, India, Nepal, Middle-East to name a few, by bringing vast range of brilliant talents and industry experts.

“The Farm at San Benito is a brand that is waiting to take over the world through its intrinsic philosophy which promotes health and wellbeing. The next phase of development will upscale its market and improve service offerings and the holistic healing experience of its customers,” Chaudhary said.

CG Hospitality has a total portfolio of more than 95 hotels and resorts in 12 countries and 70 destinations with over 5,715 keys under a range of brands including Taj, Jetwing, Radisson, Alila, The Fern, Zinc Journey and Summit.

The acquisition of The Farm at San Benito is part of the company’s aggressive expansion as it aims to double its number of properties by 2020, according to CG Hospitality Holdings managing director Rahul Chaudhary.

“The company is actively expanding globally by building more cutting edge concepts to life in hotels, resorts, residences, and spas across Asia, Middle East, US and Africa. We aim to redefine standards,” Chaudhary said.

“In fact, the Philippines is an important market, that is why we plan and target to build another new holistic and healing sanctuary here,” he said noting that the expansion is projected to create more jobs and drive tourism.

vuukle comment

CG HOSPITALITY HOLDINGS

Philstar
x
  • Latest
  • Trending
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with