Marriott has signed agreements with the Prestige
Group to open
six new hotels across India.
The W Bengaluru, Tribute Portfolio Resort
Bengaluru, Tribute Portfolio Hotel Kochi Maradu, JW Marriott
Bengaluru Prestige Golfshire Resort & Spa, Moxy Chennai and Moxy
Bengaluru, are expected to open between 2021 and
2025.
“This agreement marks a new chapter in our
plan to expand in India, a critical growth market for Marriott
International where we currently have 120 hotels across 16 brands.
We are especially thrilled to have signed two Moxy locations –
which will introduce our 17th brand in South Asia,” said Rajeev Menon, President, Asia Pacific (excluding Greater China), Marriott
International. “By working with experienced hotel developer
Prestige Group, we are confident that together we’re poised to
change the hospitality landscape in India.”
Set to
debut in India, the
125-room Moxy Chennai and 200-room Moxy Bengaluru are both slated
to open in 2024.
With 185 rooms, the W Bengaluru is
expected to open in 2025. The opening is likely to be India’s
third W-branded property after W Goa and the anticipated opening
of W Mumbai in 2022.
The JW Marriott Bengaluru Prestige Golfshire
Resort & Spa, a 299-room resort, situated a 20-25-minute drive
from the Kempegowda International Airport Bengaluru, is expected
to open in 2022.
The
102-room Tribute Portfolio Resort Bengaluru is slated to open in
2021, while the 32-room Tribute Portfolio Hotel Kochi Maradu is
scheduled to open in 2022.
“There
are not many industries in the world that have the resilience and
optimism of the hospitality sector in India,” said Irfan Razack,
Chairman & Managing Director, Prestige Group. “The hotel industry
has been one of the primary businesses driving the economic growth
of the country. Projected to be worth INR 1,210.87 billion by
2023, the Indian hospitality sector today is witnessing an upward
trend across mid-scale, upscale and luxury segments. Renewed
interest in the sector from leading global investors and steady
infrastructure development in metros as well as top cities are
driving the demand. The future holds immense promise.”
Together with the Prestige
Group, Marriott International launched its 100th hotel in India in
2018 with the opening of the Sheraton Grand Bengaluru Whitefield
Hotel & Convention Center. Prestige Group also owns the Aloft
Bengaluru Cessna Business Park.
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