Marriott Signs Six Hotels in India

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.

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.

Development Development Markets & Performance Asia Pacific India

Marriott International, Inc., (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 8,200 properties under 30 leading brands spanning 138 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly awarded travel program.

Tribute Portfolio is a growing global family of characterful, independent hotels drawn together by their passion for captivating design and their drive to create vibrant social scenes for guests and locals alike. With nearly 50 hotels open around the world, Tribute Portfolio has struck a chord with those who seek out independent experiences and crave a connection with the community when traveling.

Born from the social electricity of New York City, W Hotels has been at the forefront of lifestyle hospitality for over two decades. With 70 destinations around the world, the detail-driven design, signature Whatever/Whenever service, and buzzing Living Rooms cultivate experiences of social connectivity. Each location brings together the magnetic energy of W Hotels and the essence of local culture, creating spaces for new perspectives and a...

JW Marriott is part of Marriott International’s luxury portfolio of brands and consists of beautiful properties and distinctive resort locations around the world. JW Marriott is a tribute to the founder of Marriott International, J. Willard “J.W.” Marriott, who prioritized his own well-being so that he could take better care of others. Inspired by his approach to life and rooted in holistic well-being, JW Marriott properties offer a haven...

Moxy offers a playful hotel experience for the young at heart. With more than 70 properties open across North America, Europe, and Asia Pacific, Moxy boldly breaks the rules of a conventional hotel stay across the globe. The nontraditional experience starts with check-in at Bar Moxy and comes to life throughout its social public spaces, like the Lounge and Library, and the small but smart bedrooms.