Marriott International and prestige group have signed a deal to open five new hotels across the India. Under this agreement , prestige group would build new hotels across the JW Marriott, Tribute Portfolio and Moxy brands across India’s Southern belt, representing nearly 1,000 rooms across four brands.Which will help both the firms to expand their footprints all over the country.
As per the agreement prestigious group will build new hotels across Marriot brand plans are made to open such as the W Bengaluru, Tribute Portfolio Resort Bengaluru, Tribute Portfolio Hotel Kochi Maradu, JW Marriott Bengaluru Prestige Golfshire Resort & Spa, Moxy Chennai and Moxy Bengaluru, all of which are expected to open between 2021 and 2025. Prestigious is aiming to have its 3,100 hotel rooms in its portfolio in four years and among the hotels they would also like to do retail development like shopping malls and mixed-use projects.
President of Asia Pacific Marriott International Rajeev Menon said, “India is the second biggest market after China for us in Asia Pacific. Another 50 hotels are under construction in the country. We will be adding 1,000 new jobs in India with the construction of five new hotels with Prestige Group.”
Together with the Prestige Group, Marriott International launched its 100th hotel in India last year with the opening of the Sheraton Grand Bengaluru Whitefield Hotel & Convention Center, and currently also manage the Aloft Bengaluru Cessna Business Park.