Marriott unveils ambitious South Asia expansion
ECONOMY & POLICY

Marriott unveils ambitious South Asia expansion

Marriott International, acknowledged as the world's largest hotel chain based on the number of rooms, restated its enduring commitment to South Asia. The commitment involves the inclusion of over 4,600 rooms in the development pipeline, a result of signing 28 hotel deals in 2023 and the ongoing deals this year. South Asia, as defined by Marriott, encompasses India, Nepal, Bhutan, Bangladesh, and Sri Lanka.

The company emphasised that this plan reflects its expansion strategy in the region, where it presently manages a portfolio of 160 operational properties spanning 17 distinct brands. Specifically, in India, Marriott oversees operations in 148 hotels.

For the year 2024, Marriott envisions the opening of 14 hotels. This projection follows the introduction of the Moxy brand in South Asia in early January 2024. Furthermore, the company disclosed its intention to launch The Ritz-Carlton brand with The Ritz-Carlton, Amila Hills in Shimla, slated to open in May 2029. Expanding its luxury presence in India is also part of the plan, with the addition of JW Marriott Surat Resort and Spa and JW Marriott Sohna Resort and Spa in Delhi-NCR.

Rajeev Menon, President, Asia Pacific excluding China, Marriott International, asserted, "Marriott International's strategic expansion in South Asia solidifies our commitment to accentuate the strong growth within the region's travel and tourism sector." He highlighted the company's diverse brand portfolio, the award-winning travel program Marriott Bonvoy, and robust distribution platforms, positioning them well to provide experiences and benefits for guests and stakeholders in the region.

Kiran Andicot, Regional Vice President Development, South Asia at Marriott International, conveyed that the chain's primary focus remains on seizing opportunities in key gateway cities, strategic commercial centres, and major resort destinations in the region.

Marriott International, acknowledged as the world's largest hotel chain based on the number of rooms, restated its enduring commitment to South Asia. The commitment involves the inclusion of over 4,600 rooms in the development pipeline, a result of signing 28 hotel deals in 2023 and the ongoing deals this year. South Asia, as defined by Marriott, encompasses India, Nepal, Bhutan, Bangladesh, and Sri Lanka. The company emphasised that this plan reflects its expansion strategy in the region, where it presently manages a portfolio of 160 operational properties spanning 17 distinct brands. Specifically, in India, Marriott oversees operations in 148 hotels. For the year 2024, Marriott envisions the opening of 14 hotels. This projection follows the introduction of the Moxy brand in South Asia in early January 2024. Furthermore, the company disclosed its intention to launch The Ritz-Carlton brand with The Ritz-Carlton, Amila Hills in Shimla, slated to open in May 2029. Expanding its luxury presence in India is also part of the plan, with the addition of JW Marriott Surat Resort and Spa and JW Marriott Sohna Resort and Spa in Delhi-NCR. Rajeev Menon, President, Asia Pacific excluding China, Marriott International, asserted, Marriott International's strategic expansion in South Asia solidifies our commitment to accentuate the strong growth within the region's travel and tourism sector. He highlighted the company's diverse brand portfolio, the award-winning travel program Marriott Bonvoy, and robust distribution platforms, positioning them well to provide experiences and benefits for guests and stakeholders in the region. Kiran Andicot, Regional Vice President Development, South Asia at Marriott International, conveyed that the chain's primary focus remains on seizing opportunities in key gateway cities, strategic commercial centres, and major resort destinations in the region.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement