New Delhi: CG Hospitality Holdings, a Kathmandu-based multi-national conglomerate has bought out its current partners to take control of The Farm.
CG will take over the full management of The Farm at San Benito after Binod Chaudhary, Chairman of Chaudhary Group (CG), bought the shares of Avalon Hospitality.
With this buyout, The Farm, located in Lipa, Batangas, is expected to grow its business by building more villas and facilities inside the 48-hectare lush tropical jungle. The plan is to also develop a world-class high-end residential development, which will be focused around the concept and philosophy of The Farm.
As one of the biggest and fastest growing hospitality groups in the region, CG Hospitality is expected to strengthen the positioning and business of The Farm, both in the Philippines as well as in markets such as Europe, USA, India, Nepal and the Middle East, by bringing a range of brilliant talents and industry experts.
Binod Chaudhary commented, “The Farm at San Benito is a brand that is waiting to take over the world through its intrinsic philosophy that promotes health and well being. The next phase of development will upscale its market and improve service offerings and the holistic healing experience of its customers.
The Farm needs to be replicated across key global destinations to deliver on the ever-increasing predictions and trends around wellness. Making time to unplug is a higher priority than ever before and destinations that help achieve this balance like The Farm will be highly sought after.”
CG Hospitality Holdings 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, Summit.
Rahul Chaudhary, MD of CG Hospitality Holdingsshared, “The company is actively expanding globally by bringing more cutting-edge concepts to life in hotels, resorts, residences, and spas across Asia, Middle East, the United States, and Africa. We aim to redefine standards.
In fact, Philippinesis an important market, that is why we plan and target to build another new holistic and healing sanctuary here. This expansion is projected to bring jobs in the country and drive tourism.”
The Farm at San Benito offers life transformative retreats and holistic medical wellness experiences that are evidence-based, science-based and results driven to heal and rejuvenate.
Programs are carefully planned and conducted by internationally-trained medical doctors and experts.
[source_without_link]ANI[/source_without_link]