All three scheduled to open in 2013
STEENA JOY – Berlin
CGH Earth, the Kerala-based hospitality company, is in expansion mode. The company is setting up properties in Wayanad, Kanyakumari and the Andaman Islands. All the three properties will have 30 keys each. Disclosing this to Express TravelWorld, George Dominic, director, CGH Earth, said, “For the Andamans project, land has already been acquired and we are awaiting environmental clearance. We expect to start work by this month. The opening is scheduled for third quarter of 2013.”
The North Kerala project in Wayanad is also expected to open in 2013. Here too land has been acquired and environmental clearances are awaited. Dominic added, “The land for the Kanyakumari property has also been acquired and we have received the clearances. The property is expected to be partially open by January 2013.”
All the projects will be funded by a combination of debt and equity.
CGH Earth presently has 13 properties and a land bank of nearly 300 acres spread over different locations in Tamil Nadu, Kerala and Karnataka.
