Image Source: ANTARA News
Marriott International has signed a landmark agreement with Ventive Hospitality to develop seven new hotels across India and Sri Lanka, adding 1,548 rooms to its regional portfolio. The move underscores Marriott’s aggressive growth strategy in South Asia’s luxury and upscale hospitality segments.
Key highlights of the expansion:
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Properties span Varanasi, Mundra, Pune, Navi Mumbai, and Pottuvil in Sri Lanka
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Includes brand debuts: RitzCarlton Reserve (Sri Lanka), Moxy Hotels (Pune and Navi Mumbai), and Courtyard by Marriott (Mundra)
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JW Marriott Navi Mumbai will be the district’s first fullscale luxury hotel with 450 rooms
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The RitzCarlton Reserve in Sri Lanka will feature 73 villas and 80 branded residences near Yala East National Park
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Moxy Pune Wakad and Moxy Pune Kharadi will add 464 rooms targeting nextgen travelers
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Varanasi Marriott Hotel (161 keys) and Courtyard Mundra (200 keys) will cater to spiritual and business tourism
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All hotels expected to be operational by 2030
Strategic impact:
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Marriott aims to grow its India portfolio from 30,000 to 50,000 rooms in five years
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Ventive Hospitality, postIPO, leverages Marriott’s global operations to double its own portfolio
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The partnership blends Marriott’s brand strength with Ventive’s real estate execution
This expansion marks a pivotal moment in redefining South Asia’s hospitality landscape, blending luxury, scale, and regional diversity.
Sources: Skift, Rediff Money, India Infoline, Financial Express, Economic Times Travel, Marriott Newsroom, PTI
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