Global conglomerate headed by renowned Nepalese Forbes-listed billionaire Binod Chaudhary has leisure footprint of 14 properties in Sri Lanka
In a strategic conversion idea brought to fruition, Marriott International Inc. and CG Hospitality signed an agreement to convert The Farm at San Benito, the well-renowned Philippines wellness retreat, to an Autograph Collection resort, as part of the portfolio of Premium Marriott Hotels. The first in the Philippines expected to open its doors end Q3 2025, the Autograph Collection brand is home to a curated selection of individual boutique hotels, each chosen for their inherent craft and distinct perspectives on design and hospitality and immersive moments that leave a lasting imprint. The Farm at San Benito, Autograph Collection is slated to be Marriott’s 13th property in the Philippines and will also be part of Marriott Bonvoy, the global travel program from Marriott International.
The CG Corp’s leisure arm headed by Managing Director of CG Corp Global and CG Hospitality Global Rahul Chaudhary, has a total of fourteen properties in Sri Lanka including the very first property that set the Group’s path into the global hospitality industry, the Taj Samudra in Colombo way back in 2001. “That foray into hospitality with the Taj Samudra and two properties in the Maldives paved the path for CG to partner with Sri Lanka’s largest hotel group – the Jetwing Hotels, headed by former Chairman of PATA, Hiran Corray,” states Chaudhary. “With three iconic properties, namely Jetwing Vil Uyana, Jetwing Sea and Jetwing Sigiriyaaya under the Jetwing umbrella, we inked our next Sri Lankan chapter in hospitality with Ceylon Hotels Corporation in partnership with Sanjeev Gardiner, with ten beautifully located properties around the country.”
In addition to a strong hospitality footprint in Sri Lanka, CG also made its maiden foray into the country’s financial industry in 2023 with the acquision of Union Bank and more recently, inked a vertical with John Keells Holdings for BYD vehicles in Sri Lanka.
With the CG Group having a hotel footprint of 160 with nearly 9,000 keys in twelve countries and 107 destinations worldwide, Chaudhary reiterates that the Group is looking forward to augmenting its presence in Sri Lanka and the Indian sub-continent. “With tourism booming in Sri Lanka, we see potential in having concepts similar to The Farm at San Benito being in Sri Lanka and the sub-continent. We have always had immense confidence in Sri Lanka and now that we are also in the banking and vehicle spaces, we do believe there is opportunity to grow our presence in multiple areas including real estate and hospitality.
ABOUT CG CORP GLOBAL
CG Corp Global, the Global face of Nepal’s first and only Multi – Billion Dollar Multinational Conglomerate with an exceptional legacy of 140 years across 4 generations. CG Corp Global has 261+ brands, 202+ companies, over 20,000 employees and spread across 32 countries with industry leading foray into Fast – Moving Consumer Goods (FMCG), Banking, Power, Hospitality, Real – Estate, Telecom, Cement, and education amongst others.
CG Hospitality Global, a hospitality arm of CG Corp Global has a diversified portfolio of more than 193 Hotels & Resorts across 12 countries and 127 destinations with over 12,000 keys.
CG Hospitality’s successful joint ventures include partnership with globally renowned hospitality brands such as IHCL (A Tata Enterprise) through its Taj, Taj Safari and Vivanta brands, Jetwing, Radisson, Hilton, and Fairmont brands. CG Hospitality owns The Zinc, The Fern, and The Farm brands. By 2028, this portfolio is expected to grow to over 600 hotels and 30,000 keys.
CG Hospitality’s diverse portfolio features some of the most iconic properties and destinations across the globe. This includes Taj Exotica Resort & Spa (Maldives), Jetwing Vil Uyana & Taj Samudra (Sri Lanka), The Farm at San Benito (Philippines), Meghauli Serai – A Taj Safaris Lodge (Nepal), Taj Jumeirah Lakes Towers (Dubai, UAE) and Fairmont The Norfolk & Fairmont Mara Safari Club (Kenya), Double Tree by Hilton JFK Airport in New York amongst others.
CG Hospitality also owns one of the largest management company in India through Concept Hospitality (CHPL)/Fern Hotels, which manages over 120 Mid – Market to luxury hotels through its own brands under Fern, Zinc and Beacon. This portfolio is set to grow to 500 hotels by 2028.
MEDIA CONTACT: Savithri Rodrigo +94 777 801886; savi@srodrigo.com
