Cygnett signs its second hotel in Ayodhya
Cygnett Hotel
The upcoming 70 key property will feature an all day dining restaurant, banquet hall, gym, and other amenities.
Cygnett Hotels & Resorts has announced the signing of its second hotel, Cozzet Ayodhya, in Ayodhya to cater both leisure and corporate travellers.
The upcoming property will feature 70 well-appointed rooms, and an all-day dining restaurant. The hotel will also offer a 8,000 sq. ft. banquet facility with an adjoining lawn; an equipped gymnasium, conference rooms, and new-age technology solutions.
Commenting on the signing, Sarbendra Sarkar, Founder and Managing Director, Cygnett Hotels & Resorts, said, “With Cozzet Ayodhya, our focus is on offering dependable quality, efficient design, and strong value to guests visiting the city for faith, family events, and short leisure stays. This signing aligns with our strategy of expanding in high-growth pilgrimage and tier-2 markets where demand visibility is strong.”
Economy hotels account for roughly 29 percent of India’s total room supply, and together with mid-scale hotels, dominate the country’s hotel inventory. The Indian economy hotel market is currently valued at nearly USD 6 billion, supported by domestic travel, weddings, and improved regional connectivity.
