Marriott International plans to launch 20 more hotels in India by 2020-end
Marriott International is planning to launch around 20 more hotels in India by the end of 2020. This expansion is part of the company’s expansion plans in the country.
Currently, the global hospitality major has 120 hotels across India under 16 brands, including its latest addition, The Ritz-Carlton, Pune.
Neeraj Govil, Senior Vice President, Marriott International, South Asia, said, “We will get closer to 140 hotels in India by end of 2020. Typically we open between 15 to 30 hotels every year.”
“The hotels will be a mix of brands in the company's portfolio,” he added.
Govil stated, “We follow the management agreement and franchise agreement. It is a model we follow globally and in India. Most of the hotels that are under development will be under the management model but the company will also continue to expand in the franchise side as well.”
Marriott encompasses a portfolio of over 7,000 properties in 30 leading hotel brands in 132 countries and territories.