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.

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement