Hotel management company Cygnett Hotels and Resorts on Thursday announced its association with US-based Jameson Inn Inc.

Sarbendra Sarkar, MD and CEO, Cygnett Hotels, said, “We believe we are turnaround specialists for loss-making projects. Our initial focus is to franchise and manage around 45 hotels pan-India by 2020.”

The company has brands across the economy, budget, mid-scale and up-scale segments.

Jameson, which has around 225 properties in the world, has also given the option of co-branding to Cygnett.

With the partnership, Cygnett is also eyeing properties in South-East Asia.

(This article was published on April 24, 2014)

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