Marriott International, Inc. expects to expand its portfolio of hotels in India from 11 to 100 hotels within the next five years, with new-hotel openings in the country occurring across seven of its brands.
In addition to introducing its Ritz-Carlton brand in India, Marriott International will also debut its moderate-tier Fairfield by Marriott brand in the world’s second-most-populous nation.
Marriott has recently signed management agreements for seven new hotels that will nearly quadruple the company’s presence in India in the next three years. When all contracted hotels are opened and added to Marriott’s portfolio of 11 operating properties and 23 previously announced hotels now under construction, its portfolio in India will total 41 hotels by 2013. Through this expansion, the company also plans to create more than 8,000 new jobs in India over the next three years, ranging from entry-level to managerial positions.
“We’re excited to join with our local hotel development partners in contributing to India’s future growth and unlimited business potential,” says Arne Sorenson, president and chief operating officer of Marriott International. “India has the second largest hotel development pipeline in Asia and is expected to double the number of branded hotel rooms over the next three years to approximately 120,000 rooms. We’re thrilled that about 10 per cent of those new rooms are slated to carry a Marriott International brand flag and that we’ll be able to provide thousands of people real career opportunity in an environment where their ideas and talents can flourish.”
The seven Indian hotel-management agreements newly signed by Marriott are for five moderate-priced Courtyard properties, an upscale Marriott hotel and a Renaissance property. They include:
● The 107-room Courtyard by Marriott Kochi/Cochin International Airport. It is owned by Lulu Flight Kitchen Private Ltd. and is planned to open in 2012;
● The 101-room Courtyard by Marriott Bhopal. It is owned by DB Malls Private Ltd. and is planned to open in the second quarter of 2011;
● The 160-room Courtyard by Marriott Chembur. It is owned by Acron Hotels Private Ltd. The hotel’s first phase is scheduled to open in 2013 and an additional 76 rooms are expected to be added later;
● The 150-room Courtyard by Marriott Nashik. Owned by Wasan Hotels Private Ltd.; the hotel is expected to open in 2013;
● The 200-room Courtyard by Marriott Hyderabad Hitec City. It is owned by Future InfraIndia Private Ltd. and is scheduled to open in 2013;
● The 365-room Jaipur Marriott Hotel. It is owned by Serveall Land Developers Private Ltd. and is expected to open in 2011; and
● The 150-room Renaissance Raipur Hotel, opening in 2013. It is owned by Krish Hotels Private Ltd.
Marriott International has operated in India since 1999, when it opened the Goa Marriott. Today the company is represented in the country by its JW Marriott, Marriott, Renaissance, Courtyard by Marriott and Marriott Executive Apartments brands. Another 23 of its hotels are currently under construction and all are expected to open by 2013.
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