In 2022-23, Marriott expects to open 20 properties in India, including the 300-room JW Marriott Bengaluru Prestige Golfshire Resort and Spa. JW Marriott has presence in several Indian cities, including Delhi and Mumbai.Globally, it owns 30 brands, such as Bvlgari Hotels, St Regis, Edition, The Ritz-Carlton, and W Hotels in the luxury space, besides premium hotels like Le Meridien, Sheraton, and Westin.Marriott operates 128 hotels in India at present across 16 brands. Last year, it signed 24 new hotels in South Asia, 17 of which were in India. The company expects to have 70 more hotels in India by 2027. It will also launch its luxury brand Marriott Marquis in New Delhi.
The new additions, primarily in the luxury and premium space, are growing significantly, Govil said. Several newly signed projects are under construction in tier II markets, he said.
“We do expect to see considerable traction across all segments in India. Our South Asia region is anchored around India and it is the second biggest market for us in the Asia Pacific (after China). So it is a big, big market for us. These hotels should come to fruition in the next three to five years,” Govil said.
Subscribe BOTT Channels on WhatsApp & Telegram to receive real time updates