Marriott International has inked an agreement with Ventive Hospitality to open seven hotels as part of a portfolio deal covering 1,548 rooms across five brands.
The deal includes brand debuts with a Ritz-Carlton Reserve in Sri Lanka, Marriott Hotels & Resorts in Varanasi, Courtyard by Marriott in Mundra (Gujarat), and Moxy in Pune. It will also be the third JW Marriott and second Moxy in a dual-branded property in Mumbai.
Ventive Hospitality, a division of Panchshil Realty, is an owner, developer and asset manager of hotels and resorts, primarily in Pune and the Maldives. The seven properties are expected to open in 2030.
The agreement was signed by Rajeev Menon, president, Asia Pacific excluding China, Marriott International, and Atul Chordia, chairman and executive director, Ventive Hospitality.
The Ritz-Carlton Reserve in Pottuvil, Sri Lanka, will feature 73 villas with living areas, private sun decks and infinity plunge pools. Facilities will include two restaurants, a spa, fitness centre, marine and wildlife centre, water sports club and children’s recreation centre. The property is accessible by a six-hour drive from Colombo or by seaplane or chartered flight.
JW Marriott Navi Mumbai, located in the satellite city of Navi Mumbai, will offer 450 rooms, wellness areas including a garden, five dining venues, 2,000m² of event space, an outdoor pool, spa and fitness centre. It is 10 km from DB Patil Navi Mumbai International Airport.
The Varanasi Marriott Hotel will have 161 rooms and three dining options. It will include an exclusive lounge for elite members, a fitness centre, spa, outdoor pool and event spaces. The hotel is a six-minute drive from Lal Bahadur Shastri International Airport.
Courtyard by Marriott Mundra, near Mundra Port in Gujarat, will have 200 rooms, an all-day dining restaurant, café and bar, outdoor pool, fitness centre, spa and banquet facilities. Bhuj Airport is a 1.5-hour drive away.
Moxy Hotels plans include three properties. Moxy Navi Mumbai, with 200 rooms, will be part of the dual-branded property with JW Marriott Navi Mumbai and feature a bar, kitchen, two meeting rooms and fitness centre. Moxy Pune Kharadi, with 200 rooms, will have social spaces, a bar, restaurant, gym and 350m² of event space with two meeting rooms. It is seven kilometres from Pune International Airport. Moxy Pune Wakad, with 264 rooms, is part of a mixed-use development about an hour from the airport and will include a bar, two meeting rooms and a fitness centre.
“Our growth strategy focuses on being present wherever our guests are looking to travel,” remarked Menon. “We are especially excited to have signed a Ritz-Carlton Reserve, which is expected to mark the brand’s debut in Sri Lanka.”
Chordia said: “This signing not only strengthens our two-decade-long relationship with Marriott International but also marks a pivotal moment in our journey to redefine India’s hospitality sector.
“By leveraging Marriott’s global expertise and our deep real estate knowledge, we aim to create distinctive destinations that elevate guest experiences for both business and leisure travellers, driving growth in the luxury and upper-upscale segments and expanding our footprint beyond Pune, Bengaluru, and the Maldives.”
