Cygnett Hotels & Resorts signs Greater Noida to expand its Cozzet footprint.

With the signing of Cozzet Greater Noida, which will operate under Cygnett’s value brand, Cozzet, Cygnett Hotels & Resorts has further solidified the group’s position in North India’s rapidly expanding business and institutional sector.

With 50 rooms that combine comfort and practicality in line with the brand’s ‘Smart, Safe & Sensible’ attitude, Cozzet Greater Noida is geared towards business and short-term travellers. Additionally, the property will have 2,500 square feet of banquet and meeting space suitable for business meetings, social gatherings, and small events; an all-day dining restaurant serving popular international favourites along with modern Indian flavours; and a well equipped fitness centre to meet the wellness needs of contemporary travellers.

Sarbendra Sarkar, Founder & Managing Director, Cygnett Hotels & Resorts, at the signing of the deal, stated “The economy and value hotel sector remains a major growth generator in the Indian hospitality industry, Our bargain hotel brand in Cygnett, Cozzet, seeks to take advantage of the rising demand for hotels that are well-located, well managed, and able to offer guaranteed branded services at affordable costs. Cozzet Greater Noida’s inauguration indicates our commitment to implementing a planned development strategy in a number of significant economic hubs.”

Together, economy, budget, and value hotels account for about 29% of all currently available rooms in the Indian market. The midscale and economy segments together hold the largest market share of all currently available rooms in the nation, surpassing the luxury segment. This is supposed to underline the significant significance that low-cost hotels play. This emphasises how important value and low-cost hospitality have been to India’s development.

With future properties in important business and leisure locations like Ayodhya, Prayagraj, Amritsar, Hyderabad, and several other high potential areas throughout the nation, Cygnett properties & Resorts continues to bolster its footprint through the Cozzet brand in accordance with this market reality.