Cygnett Hotels & Resorts Expands Cozzet Footprint with New Signing in Greater Noida, Strengthening Its Value Hospitality Portfolio
New Delhi, Dec 24: Cygnett Hotels & Resorts has announced the signing of Cozzet Greater Noida, operating under Cygnett’s value brand, Cozzet, further strengthening the group’s presence in North India’s fast-growing business and institutional corridor.
Designed to cater to the business and short-stay traveller, Cozzet Greater Noida will offer 50 thoughtfully designed rooms that balance comfort and functionality, aligned with the brand’s philosophy of ‘Smart, Safe & Sensible’. The property will also feature 2,500 sq. ft. of banquet and meeting space suitable for corporate meetings, social functions, and small events, an all-day dining restaurant serving contemporary Indian flavours alongside popular global favourites, and a well-equipped fitness centre catering to the wellness needs of modern travellers.
Strategically located, the hotel is just 10 minutes from Greater Noida Expo Mart and offers easy access to the Noida–Greater Noida Expressway and Knowledge Park I, II, and III. This positioning enables the property to attract corporate travellers, exhibitors, consultants, and professionals visiting Greater Noida for short- and mid-term business engagements.
Commenting on the signing, Mr. Sarbendra Sarkar, Founder & Managing Director, Cygnett Hotels & Resorts, said,
“The economy and value hotel sector remains a major growth generator in the Indian hospitality industry. Cozzet, our value hotel brand, aims to capitalise on the growing demand for favourably located and efficiently run hotels that deliver assured branded services at reasonable prices. The opening of Cozzet Greater Noida marks our continued push towards a planned development strategy across major business centres.”
Economy, budget, and value hotels together account for nearly 29% of the total existing room inventory in India, with the midscale and economy segments leading overall market share and outperforming the luxury segment. This underscores the pivotal role played by budget and value hospitality in India’s growth story. In line with this trend, Cygnett Hotels & Resorts continues to expand its Cozzet portfolio with upcoming properties in key business and leisure destinations such as Ayodhya, Prayagraj, Amritsar, Hyderabad, and several other high-potential markets across the country.
The Indian economy hotel market is estimated to be close to USD 6 billion, highlighting the significant growth potential in this segment. The addition of Cozzet Greater Noida further reinforces Cygnett Hotels & Resorts’ commitment to strengthening its value hospitality footprint in high-demand locations across India.