Marriott International plans to expand in South Asia with 22 new signings
In the past 18 months, they are expecting to add more than 2,700 rooms to its fast-growing portfolio.
Marriott International has signed 22 new hotel agreements in South Asia, comprising India, Bhutan, Bangladesh, Sri Lanka, Maldives and Nepal, in the past 18 months, expecting to add more than 2,700 rooms to its fast-growing portfolio. Marriott International currently is the hotel chain with the largest number of rooms in the South Asia region and expects to continue its solid growth with these new signings.
“In a highly unpredictable year, these signings are a testament to Marriott International’s resilience and agility in driving strong growth within a hospitality landscape that continues to evolve. It is a sign of confidence from our owners and franchisees who have been an integral part of our growth journey. We are grateful for their continued support and trust in the power of our brands as we continue to welcome back travellers,” said Rajeev Menon – President Asia Pacific (excluding Greater China), Marriott International.
More than a third of the newly signed projects in South Asia in the last 18 months includes hotels and resorts in the luxury tier, comprised of brands such as JW Marriott and W Hotels. Travellers can anticipate the debut of the W Hotels brand in Jaipur with W Jaipur in 2024. Expecting to debut across several distinctive locations within South Asia over the next five years, travellers can look forward to JW Marriott Ranthambore Resort & Spa, The Ranthambore National Park; JW Marriott Chennai ECR Resort & Spa, JW Marriott Agra Resort & Spa and the JW Marriott brand in Goa and Shimla.
“These signings reinforce our commitment to South Asia as a high potential region where we continue to grow and engage with an expanding customer base by introducing more of Marriott’s brands and unique experiences in exciting destinations. We look forward to the opening of these new hotels in the future and to exploring future development opportunities throughout the region,” said Kiran Andicot - Regional Vice President of Development, South Asia, Marriott International.
JW Marriott Hotel Bhutan, Thimphu is expected to mark the debut of the JW Marriott brand in Bhutan, is anticipated to open in 2025. Maldives anticipates its second JW Marriott hotel in 2025, when the JW Marriott Resort & Spa, Embhoodhoo Finolhu - South Male Atoll.
Comprised of brands such as Courtyard by Marriott, Fairfield by Marriott, Four Points by Sheraton, Aloft Hotels and Moxy Hotels, Marriott’s select brands also continue to resonate in South Asia representing more than 40 percent of the 22 newly signed hotel projects. The Moxy brand, expected to debut in India and Nepal with Moxy Mumbai Andheri West in 2023 and the Moxy Kathmandu in 2025
Courtyard by Marriott expects to add five new properties to an existing operating portfolio of 20 hotels across South Asia. Four of these properties are expected to open in the next five years and will be located in leading tier-two markets within India: Courtyard by Marriott Gorakhpur; Courtyard by Marriott Tiruchirappalli; Courtyard by Marriott Goa Arpora; and Courtyard by Marriott Ranchi. Fairfield expects to add two new properties in Jaipur. In Sri Lanka, the Courtyard by Marriott Colombo expects to mark the debut of the Courtyard brand in the country, slated to open in 2022.
Expected to further the growth of premium brands in South Asia, the recent signings include the Katra Marriott Resort & Spa in India and the Le Meridien Kathmandu, which is expected to be the debut of the Le Meridien brand in Nepal. Additionally, the Bhaluka Marriott Hotel expects to mark the entry of the Marriott Hotels brand in Bangladesh, anticipated to open in 2024.
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