Ventive Hospitality and Marriott have announced a strategic hotel expansion plan across India. The partnership will add six new properties by 2030. This move will boost Marriott’s portfolio by over 1,400 rooms.
The hotel expansion includes projects in Varanasi, Mundra, Pune, and Navi Mumbai. Two hotels—the 161-room Varanasi Marriott and the 200-keys Courtyard by Marriott Mundra—are being developed by Ventive. The other four hotels include a 450-room JW Marriott and a 200-room Moxy in Navi Mumbai. Meanwhile, Moxy Wakad will offer 264 rooms, and Moxy Kharadi will feature 200 rooms, both located in Pune. These will be built by Ventive’s promoter group of companies under a Right of First Offer (ROFO) arrangement.
Also Read: India’s Largest Upcoming Hospitality Project – Marriott Marquis, New Delhi
Furthermore, Marriott will manage all six hotels under long-term contracts. This hotel expansion reflects growing demand in India’s luxury and upscale segments. With this hotel expansion, Marriott targets to become India’s third-largest hospitality player.
Biltrax Construction Data is tracking 35,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights. Furthermore, gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, the image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.
0Discover more from Biltrax Media, A Biltrax Group venture
Subscribe to get the latest posts sent to your email.
